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.

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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.

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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.

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