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Managing Change - Business Report Free Essay, Term Paper and Book Report

Managing Change – Business Report A key ingredient to successful management is the ability to cope with change. The ability to adapt to a potentially hostile and ever-changing environment is critical to achieving longevity within the marketplace. Most changes encountered by business are external. Businesses constantly have to adjust to a whole range of influences. External influences are any decisions that affect the business that originate from outside the control of the business. This report will look at Qantas case studies to provide examples and comparisons of the process of change management. External factors causing change The main sources to change to the nature of markets, domestic and global, come from the following external influences: economic, financial, geographic, social, legal and political, and technological. The level of economic activity has a significant impact on business income. In periods when the economy is growing strongly, sales of all types of products will be rising as consumers and businesses look to spend their additional income. Conversely, as econ......

Word Count: 976
Page Count: 3.9  (250 words a page / double spaced)


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