11BM - U2 AOS1 KK1 key background (areas and change)
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Horizontales
One example of business change is a business altering its existing c_________ c_________.
Change is relative in the sense that the significance of a business change can vary, depending on a business’ s____ (eg).
Incremental business change is essential for businesses to remain c______ and survive.
T_______ s______ is the area of the business that is responsible for managing the installation and maintenance of the technology used by the business, as well as providing assistance to the users of this technology.
In the context of business, c____ is any alteration in the internal or external environment in which a business operates.
One example of change is a change in consumer t______.
O______ is the area of the business that is responsible for overseeing the transformation of inputs from a variety of resources into outputs (ie, goods or services) that satisfy the demands of customers.
S_____ and m______ is the area of the business that is responsible for managing the promoting (marketing) and selling (sales) of the business’ goods and services to its customers.
A business’ i_____ environment is within the business.
I_____ business change involves small continuous alterations being made to a business over a long period of time.
Verticales
Often, radical business change occurs in response to a m_____ event.
R_____ business change involves a significant alteration occurring to a business over a short period of time.
B______ c_______ is the adoption of a new idea or behaviour by a business.
A business’ e______ environment is outside the business.
H___ r________ (HR) is the area of the business that is responsible for managing the relationship between a business and its employees, as well as the motivation of employees, to help achieve business objectives.
One example of business change is a business r_______ employees who can bring new knowledge and/or skills to the business.
A______ of management responsibility are the different parts of a business in relation to which management can use strategies to help achieve business objectives.
One example of change is a change in e_______ expectations.
F______ is the area of the business that is responsible for managing the business’ money and other assets.
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