logo

Report on Impact of Change in Business

7 Pages1240 Words89 Views
   

Added on  2020-05-04

Report on Impact of Change in Business

   Added on 2020-05-04

ShareRelated Documents
REPORT
Report on Impact of Change in Business_1
ContentsDiscuss at least three influences that forces businesses to undergo changes...................................2Analyse the impact of the changes in part (I) on businesses...........................................................2With reference to any Australian business:.....................................................................................3 discuss a major change it has recently undergone...................................................................3 analyse the reasons for the change..........................................................................................4 evaluate the impact of that change on that business................................................................4References........................................................................................................................................6
Report on Impact of Change in Business_2
Discuss at least three influences that forces businesses toundergo changes a.The competition in the company can lead to the major changes in the marketing strategy. Here, there is a need to focus on handling the large chin stores which could work over advertising to position based on the service oriented local alternatives.b.The technology innovations could focus on the business with the change where the employees have never used the computers, and must operate the same. The business needs to work over the changed increased efficiency and the better customer service as well (Bloom et al., 2016).c.The government regulations where the changes can have a major impact on the company.Along with this, the focus is on the new mandatory safety procedures which could lead toforce the factory for change in the production process. The food products could also lead to the addition of the control measures with ensuring the consumer safety. Analyse the impact of the changes in part (I) on businesses There is a need to focus on the strategic plans with the flexibility that needs to be modified depending upon the environment change. The external impacts are based on the new competitorswho move into the market, where the shift in population lead to the change in the stability of environment. Here, the business need to view the planning with the one-time and the strategic standards to monitor the environment and represent the market with industry growth. The companies need to have a proper monitoring with the handling of the new employees with new
Report on Impact of Change in Business_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Analyzing the Microenvironment of Woolworth in the Australian Retail Industry
|6
|1180
|215

Change Management in Coca-Cola: Analysis and Impact
|17
|4994
|23

Manage Business Resources - BSBOPS501 | Desklib
|34
|6092
|490

Environment Analysis Assignment
|15
|3262
|80

Challenges in Managing Human Resources in Finance Sector
|13
|3378
|171

Organisational Change Management
|5
|1358
|100