Identify the main reasons for reviewing working methods, products and / or services in a business environment. • Ways of working – Ways to improve performance and obtain feedback and move the business forward • Products and services provided – These need to be reviewed as the market place is fast pacing and constantly changing. Its important to do the above so that business keeps up to date with the current market. 2. When a business is going through change: a) Describe the different types of support that people may need.
According to Manoski (2002, p. 1), “R&D strategy is both an input to and an outcome of the business strategy. In its preliminary state it provides a key basis for the identification, evaluation and selection of business opportunities and therefore, a set of options for the direction of a business.” Riordan presently uses a research and development strategy; however, with some fine-tuning, the organization could discover trends beyond its current domestic and China focus by expanding into other international areas. By expanding its horizons, Riordan may discover other needs the organization is not meeting or ways for improving existing products. The latter part of this strategy provides the framework necessary for execution of this strategy in alignment with the differentiation
With technology that runs the life’s of millions, and the constant need to obtain anything and everything without a price, Lao-Tzu would hang his head in shock at the life we have grown so quick to know. There are places in the government and in the life of today that Lao-Tzu would think inadequate for living; however, we must look at what in our life meets his guidelines as well. Modern American society is not perfect. The ways of the world have changed since 6th century BC and life has become much more complicated all the while striving to make things simpler. The way technology has driven the last half of a century has changed life astronomically.
Learning objective | Place in Assessment | 1.1 Explain reasons for change in a business environment | Question 1 Page 1 | 1. Explain why change happens in a business environment. You should include at least three reasons in your answer. [1.1] Change happens in a number of different ways either reactively or proactively or internally or externally. Reactive change occurs due to outside pressures on the business these may include a perceived threat to the company or a new opportunity arises out of the blue.
This theory has confronted many physicists with decisions that challenge conventional wisdom and this “fork in the road” has the potential to radically change the modern day fundamental physics. Alan Guth, a cosmological pioneer, said, “The multiple-universe idea severely limits our hopes to understand the world from fundamental principles.” Lightman argues that we are living in a universe that is uncalculable, created by accident. Lightman argues this because of the principle of fine-tuning, miniscule changes account for the possibility of life. For example, out of all the possible amounts of dark matter, our universe contains the minute range which allows life. Due to this principle, Lightman views only to solutions as realistic explanations, intelligent design and the multiverse theory.
Internal and external customers provide business with information about how their products are used, new opportunities for their business, trouble-shoot issues with their product, and organise workloads. Operational plans include customer service processes and product development. These plans include: * Understanding customer needs (internal/external – current/future) * Expectations of Customers * Research results -target markets , sampling and profiling, market segmentation, needs * Collection and analysis of information collected Customer needs can continually change being influenced by the economy, social and political events, trends and movements. Organisations use change management practises to pre-empt changes wherever possible, and also to be ready for change. To do this, organisations need to be aware of the following: * Identify what customers are buying and what benefits they purchase * Understand why customers will or do purchase * Know when customers are likely to buy By knowing the customer, organisations can plan to meet their needs.
The advancements of science and technology though seen as positive innovations by many, others believe them to be negatives, especially in the time of the Industrial Revolution. The constant search of new technology and science, allows for knowledge that can exceed the capacity of what a man or human can comprehend. A certain capacity of what man understands is predetermined and crossing past many of the boundaries can lead into a foreign world. These thoughts mirror the thoughts of Mary Shelley who wrote Frankenstein during the height of the Industrial Revolution. The Industrial Revolution made a lot of changes in the world at the time and made the changes often and fast, which scared many.
Ronaldo Pintado 10/26/13 Period 1 A.P European History The Scientific Revolution was a very important period in history that established new ideas in science and new views on the universe. This revolution didn’t just start in the 16th and 17th century. This went back as early as the Middle Ages. The reason is because as well as new ideas and discoveries were made, philosophers were also reexamining and revising old theories and data from the late Middle Ages and contributing it in their own work. During this revolution, there were many great philosophers who made incredible contributions to science and changed the way people look at the world around them.
Max Johnson Professor Alex Dannemiller English 1510-146 24 September 2012 Call it “Winning the Lottery” Technology has become more advanced than many people thought was ever possible. From surfing the web at the palm of your hand to flying half way across the world in under a day’s time, scientists are coming to a conclusion that possibilities are endless. A very advanced, and dangerous topic that have scientists puzzled, is cloning. According to Webster’s Online Dictionary, cloning is a general term for the research activity that creates a copy of some biological entity (a gene or organism or cell). Cloning has its pros and cons and these pros and cons lead to a very controversial discussion.
"It's now possible for huge numbers of people to think together in ways we never imagined a few decades ago," says Thomas Malone of MIT's new Center for Collective Intelligence. "No single person knows everything that's needed to deal with problems we face as a society, such as health care or climate change, but collectively we know far more than we've been able to tap so far" (Miller, 2007,