Change Flashcards
1
Q
what are 3 cause of change?
A
new technology
changes in consumer taste
legislation
2
Q
what are 3 effects of change
A
lower brand loyalty
skills mismatch
obsolescent equipment
3
Q
what are 3 management responses to change?
A
increased expenditure on research and development
capital investment
seek employee commitment
4
Q
what are 3 problems associated with change
A
worker resistance
financial problems
lack of expertise
