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Understanding Business Change and Management

Authored by Caroline Hawke

Business

12th Grade

Used 1+ times

Understanding Business Change and Management
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an internal cause of change in a business?

Changes in consumer tastes

Change in the size of the business

Changes in legislation

Changes in the economy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of an external cause of change for a business?

Change in ownership

Developments in technology

Need to retrain the workforce

Need to update equipment

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main difference between planned and unplanned change in a business?

Planned change is always negative, unplanned is always positive

Planned change is anticipated and managed, unplanned change is unexpected

Planned change is caused by external factors, unplanned by internal factors

Planned change only affects large businesses

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following would most likely require a business to develop new products?

Change in ownership

Changes in consumer tastes

Change in the workforce

Change in the size of the business

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why might a business need to retrain its workforce?

To comply with new legal requirements

To reduce the size of the business

To increase the number of owners

To avoid market changes

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a possible effect of change on a business?

The need to look for new markets

The need to maintain the status quo

The need to reduce product quality

The need to ignore legislation

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one reason why managing change effectively is important for a business?

It ensures the business never faces competition

It helps the business adapt and remain competitive

It guarantees increased profits

It eliminates the need for new technology

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