4E

Question 1

What are all the internal driving forces

Answer 1

Owners
Managers
Employees
Pursuit of profit
Reduction of costs

Question 2

What are all the external driving forces

Answer 2

Competitors
Legislation
Globalisation
Technology
Innovation
Societal attitudes

Question 3

What are all the internal restraining forces

Answer 3

Organisational inertia
Financial considerations
Time
Managers
employees

Question 4

What are all the external restraining forces

Answer 4

Legislation

Question 5

Owners as a driving force

Answer 5

Owners act as a driving force for change as they are intrinsically motivated and have a vested interested in the ability of their business to meet its objectives and continue to adapt, as this is essential to its survival and success.

Question 6

Managers as a driving force

Answer 6

Another driving force is managers, which act as the representatives of the owners, and have a vested interest in the business’s ability to achieve business objectives.

Question 7

Employees as a driving force

Answer 7

Another driving force are employees who are the workers that have a vested interest in completing the tasks allocated to them by managers to achieve organisational objectives.

Question 8

Pursuit of profit as a driving force

Answer 8

Another driving force is the pursuit of profit, which is the desire to increase a business’s level of revenue compared to expenses, beyond its current point, which is an objective of a business,

Or

Another driving force is the pursuit of profit, which is the business objective to increase a business’s level of revenue compared to expenses, beyond its current point.

Question 9

Reduction of costs as a driving force

Answer 9

One driving force is the reduction of costs, where a business seeks to minimise unnecessary cost that arise in inputs and outputs in its processes.