Change Flashcards

(12 cards)

1
Q

What are the main causes of change?

A
  • developments in technology
  • market changes
  • consumer tastes
  • legislation
  • changes in the workforce
  • change in the economy
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2
Q

What are the different types of change?

A
  • anticipated and within business control
  • unanticipated but within business control
  • anticipated but outside business control
  • unanticipated and outside business control
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3
Q

What are common forms of internal change?

A
  • changes in management style
  • changes in business ownership
  • business size
  • introduction of new technology
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4
Q

What are common forms of external change?

A
  • labour market
  • economic conditions
  • competition
  • consumer tastes
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5
Q

What are the effects of change?

A
  • lower brand loyalty with new entrants
  • changes in production methods
  • retraining the workforce
  • complying with legislation
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6
Q

How can a business manage change effectively?

A
  • employee preparation
  • increased R&D expenditure
  • additional capital investment
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7
Q

What are the forms of resistance to change in a business?

A
  • employee resistance
  • lack of finance
  • lack of management expertise
  • supplier resistance
  • owner resistance
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8
Q

What are the different sections in J.Storey’s methods of implementing change?

A
  • negotiated total package
  • negotiated piecemeal initiative
  • imposed piecemeal initiative
  • imposed total package
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9
Q

What is Lewin’s three step process of change?

A
  • unfreezing: creating a motivation for change
  • Change: implementing change
  • Refreezing: ensuring change is ingrained
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10
Q

What is corporate culture in a business?

A

Corporate culture relates to the values, attitudes and beliefs of those within an organisation

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11
Q

What does culture affect in a business?

A
  • motivation of employees
  • emphasis of customer service
  • focus on improvement
  • focus on efficiency
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12
Q

What are the advantages of strong culture in a business?

A
  • provides a sense of identity for employees
  • motivates employees
  • reinforces values of the business
  • better brand image
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