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1.6 Change (HL only) - notes

Change and management of change (HL only) - Introduction

So far we have examined the nature of business activity, types of organisations and objectives and investigated the nature of stakeholders. We have also considered the impact of the external environment on the firm in terms of the opportunities and threats it provides and prepared and evaluated a range of decision making tools. We have explained and evaluated growth and the tools to support the process.

We now move on to consider change and the management of change.

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  • Explain the causes of change and factors causing resistance to change
  • Examine the dynamic nature of organisations and the relative importance of driving and restraining forces
  • Evaluate different strategies for reducing the impact of change and resistance to change