causes and effects of change Flashcards

1
Q

competitiveness

effects of changes in organisational size

A

growth: e.o.s, brand recognition

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2
Q

financial performance

effects of changes in organisational size

A

more investment is made

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3
Q

productivity

effects of changes in organisational size

A

firms become more productive as they grow in size

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4
Q

stakeholders

effects of changes in organisational size

A

employee bonuses, new employees are recruited

dangers of losing connections with customers as the business grows, and employees become unhappy with job changes etc

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5
Q

competitiveness

effects of change on poor business performance

A

poor performance = loss of competitiveness

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6
Q

productivity

effects of change on poor business performance

A

poor performance = low capacity utilisation and low productivity

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7
Q

financial performance

effects of change on poor business performance

A

liquidity problems - reduction in cash flow etc

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8
Q

stakeholders

effects of change on poor business performance

A

staff have low morale and there is a risk of redundancies

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9
Q

transformational leadership

A

where new leadership like a CEO brings about change with the purpose of improving business perormance

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