4A - business change Flashcards

1
Q

Business change

A

is the alteration of behaviours, policies, and practices of a business

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2
Q

proactive approach

A

involves a business changing to avoid future problems or take advantage of future opportunities.

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3
Q

reactive approach

A

involves a business changing in response to a situation or crisis.

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4
Q

similarities

A
  • both approaches are utilised by a manager or business to implement change
  • both approaches involve the business undertaking change for future benefits, such as growth, progression and to improve or restore its brand image.
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5
Q

differences

A
  • proactive change occurs when a business takes advantage of an opportunity and avoids future problems
  • reactive change occurs in response to a situation or crisis that is essentially forcing the business to change
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