Unit 4 Principles of Supporting Change

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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 Sections. Name: 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. Change happens in business to stop it becoming stagnant therefore showing change to be an important element of a business, some changes can be small an example could be types of machinery being used, others can be very large for example company restructures. If changes did not occur then it could result in internal and external customers being dissatisfied with your products or services, therefore your company would not be able to meet targets or requirements which in turn could result in company closure. example where change may occur :- Social – Advertising and PR, customer buying preferences, attitudes of customers, media views. Technology – installation of new technology, legislation for technology along with life span of new technology, technical research funds, development and implementation of any new technology. Economic – looking at the behaviour, trends and performances of any competitors,tax and interest rates, trade issues. Section 2 – Understand the purpose of
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