VALUE OF CHANGE

Question 1

state 5 values of change

Answer 1

external enviro constntly changing failure to adapt leads to loss of cop adv

adaptable businesses may eb better to work for

succesful bs growth is about maanging change well

changing customer demadn and levels of competition require an org to evolve

org that anticiapte change develop better strategies

Question 2

external enviro is constantly…

therefore not adapting would lead to …

Answer 2

• External enviro is constanly chan ging , failure ot adapt would lead to loss of competitive advantage

Question 3

chanign custoemr demands and levels of comp require am org to

if org not aware and cant repsonnd to changes org wont x x

even f it does not

Answer 3

chanigng custoemr demands and levels of comp require an org ot evolve
if org not aware o and respnd to chng eorg wont last long and if ift dose not hughely succesful

Question 4

org that anticipate change can develop….

therfore more liekly to ….

Answer 4

org tht anticipate hange can develop better strategies therofre more likely to icnrease proitability

Question 5

adapatble bs are x to work for

as they encourage x and x - keeps emps rx and up to x

Answer 5

adaptable bs may be ebtter to work for as they encourgae skills development - and keep emp relevant and up to date

Question 6

to sum up org that dont adapt to change get x behind

therfore consumers not likely to x with bs if they not x to changing needs and wants of enviro

Answer 6

org that don’t respond to change get left behind - means consumers not likely to stick with them if not adapting to changing needs and that of the enviro