Discuss the concept of change management and how organizations can adapt to and manage change successfully.
Discuss the concept of change management and how organizations can adapt to and manage change successfully.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Discuss the concept of change management and how organizations can adapt to and
manage change successfully.
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Step 1: Define the term Management:
Management is the process of planning, organizing, leading, and controlling resources( mortal, fiscal, physical, or instructional) within an association to achieve specific pretensions and objects. It involves making opinions, setting objects, coordinating conditioning, and directing people to negotiate tasks and maximize the effective use of resources.
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