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management of change

Leading people through change

Managing change is a crucial aspect of strategic management for Unit 4 business studies exams. Gerald King clarifies this difficult A2 topic

HEMERA TECHNOLOGIES

Probably one of the most oft-cited expressions in the business world is ‘the only constant is change’. Change is needed when a business is dissatisfied with the current situation and/or wishes to develop a better alternative. The need for change often arises, for example, from:

■ the development of new products

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Making connections

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The free market is ethical

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