Business and Admin
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- Category: English
- Date Submitted: 07/06/2015 07:28 AM
- Pages: 6
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Unit 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
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.
Reasons for change in a business environment may include:
internal factors
• A business wants to reduce waste and costs
• A business launches a new product
• A business introduces 24-hour customer support
• A business introduces quality management techniques
External factors
- Political factors
Examples include:
• Government (policies, regulations, grants and the government as a client or customer)
• International (conflict, political change, pressure groups and trade policies)
• Legislation (domestic, European, future legislation, and international legislation)
- Economic factors
Examples include:
• Domestic (competitors' behaviour, economic performance of businesses in the UK, trends, tax and interest rates)
• International (competitors' behaviour, economy, economic trends, tax, interest rates, exchange rates and trade issues)
Social factors that can affect and organisations are:
-age of a buyers
-changes in fashion trends affect garmet and textile business
- a luxury shop located in a lowe income area.
-if I want to open a restaurant I have to check if is not an area with...
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
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.
Reasons for change in a business environment may include:
internal factors
• A business wants to reduce waste and costs
• A business launches a new product
• A business introduces 24-hour customer support
• A business introduces quality management techniques
External factors
- Political factors
Examples include:
• Government (policies, regulations, grants and the government as a client or customer)
• International (conflict, political change, pressure groups and trade policies)
• Legislation (domestic, European, future legislation, and international legislation)
- Economic factors
Examples include:
• Domestic (competitors' behaviour, economic performance of businesses in the UK, trends, tax and interest rates)
• International (competitors' behaviour, economy, economic trends, tax, interest rates, exchange rates and trade issues)
Social factors that can affect and organisations are:
-age of a buyers
-changes in fashion trends affect garmet and textile business
- a luxury shop located in a lowe income area.
-if I want to open a restaurant I have to check if is not an area with...