KK1: business change Flashcards
1
Q
Business Change
A
the process of any forced or unforced, planned or unplanned alteration to a businesses work environment driven by the internal or external environments.
2
Q
Relationship between business change and business objectives.
A
businesses adopt a proactive response and change before it’s competitors in order to remain competitive in the market and achieve its objectives.
3
Q
Examples of business change:
A
Qantas deciding to reduce Co2 emitted from planes as a consideration for climate change, representing good CSR for the environment.