coping with change

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Coping with change

Having changes are normal, because they should be anticipated at all times. Most of the changes happen in the environment as well as in any business, because businesses are in the environment: e.g. businesses don’t operate isolated and are affected by any of the changes that occur in the internal and external part of any other businesses or organisations.

Changes that occur in any businesses environment can affect that business as well:

  • Aims and Objectives:

Depending on the type of change that is happening in the environment, the aims and objectives of a business can be changed to something else. It can bring about a huge change in the aims of the business, or it can have a slight change in the objectives of the business.

  • Customers:

The age of a targeted market can also be affected by some of the changes that occur in the environment, because if food price goes up then the business will have to put their menu food prices up too, and that will lead to less customers coming into the business.

  • Market:

The sales might go down because of bad publicity or new opportunities could be brought up of some other changes that happen.

  •  Nature of Activities:
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Most of the changes that happen bring about slight alterations in the nature of business, but huge changes can completely change the nature of business, because of the new changes that businesses make.

Everything that happens inside and outside a business affects the business in any way, because there will be a lot of changes. The changes that occur in the internal environment of the business can be easily controlled and managed effectively by the managers of the business, but the external factors will be difficult to manage because it is outside of the business and ...

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