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Principles of Supporting Change in a Business Environment

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Principles of Supporting Change in a Business Environment
sioUnit four: Principles of supporting change in a business environment

Assessment

You should use this file to complete your Assessment. * The first thing you need to do is save a copy of this document, either onto your computer or a disk * Then work through your Assessment, remembering to save your work regularly * When you’ve finished, print out a copy to keep for reference * Then, go to www.vision2learn.com and send your completed Assessment to your tutor via your My Study area – make sure it is clearly marked with your name, the course title and the Unit and Assessment number.

Please note that this Assessment document has 3 pages and is made up of 3 Sections.

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Name: PAUL PERNES

Section 1 – Understand why change happens in a business environment 1. Explain why change happens in a business environment. You should include at least three reasons in your answer.

There are two different kinds of change in a business environment : reactive changes and proactive changes. The reactive changes are a response to external pressures : political factors (government; legislation; ) economic factors ( tax,interest rates,exchange rates) Social factors( advertising,PR, consumer buying preferences,events,media views), and technological factors( development,ability to install new technology,funding for research).. The proactive changes are a response to internal demands : reducing waste and costs;launching a new product; introducing a 24 hr customer support…

Change happens in a business environment for a variety of reasons. Those reasons depend on both internal and external factors.
For example as internal reasons for change would be the launch of a new product or service that a company is working on .
As for external factors one of the external factors would be perhaps a new law that is given and affects directly or indirectly the business and that business needs to make some changes.
Another

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