Bisiness and administration
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 Secti
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.
Changes in business can happen for political, economic, social or technological reasons. These are all reasons outside of the business and are reactive.
Political changes often occur due to changes outside of the business and are most of the time out of the direct control of the business. For example if there is a change in the law it may mean that the business has to change the way it does things. If it does not change and adapt to suit the new law this may cause the business to be prosecuted. Economic changes may occur due to change in the exchange rate. It a business regularly imports from another country and the currency in that country changes it may no longer be possible to deal in imports and exports with the organisation within that country. The business may then have to change who it deals with. Another possible change could lead to loss of business if imports from competitors make it cheaper to buy elsewhere. A business may also have to change if they have a competitor who sells the same service or products moves near to them. An example: if a large supermarket was to open near a smaller supermarket. Due to
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 Secti
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.
Changes in business can happen for political, economic, social or technological reasons. These are all reasons outside of the business and are reactive.
Political changes often occur due to changes outside of the business and are most of the time out of the direct control of the business. For example if there is a change in the law it may mean that the business has to change the way it does things. If it does not change and adapt to suit the new law this may cause the business to be prosecuted. Economic changes may occur due to change in the exchange rate. It a business regularly imports from another country and the currency in that country changes it may no longer be possible to deal in imports and exports with the organisation within that country. The business may then have to change who it deals with. Another possible change could lead to loss of business if imports from competitors make it cheaper to buy elsewhere. A business may also have to change if they have a competitor who sells the same service or products moves near to them. An example: if a large supermarket was to open near a smaller supermarket. Due to