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flexibilty and adaptability to change
Essay specific features
Written by:
Ann J
Date added:
July 22, 2017
Level:
University
Grade:
A
No of pages / words:
1 / 265
Was viewed:
7492 times
Rating of current essay:
Essay content:
They must be proactive instead of reactive.
- Coping with new government policies, dealing with interest rises. Finding new suppliers.
- For example, the social trends towards the healthy lifestyle took a lot of mangers by surprise. This trend created opportunities for businesses such as gymnasiums and fruit drink bars...
displayed 300 characters
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At the same time it created threats for many takeaway food businesses. Mc Donald’s managers were flexible and quickly adapted the business to the changed environment, stocking fruits and salads.
- Successful managers have the flexibility to adapt quickly to change and gain a competitive advantage on their competitors by meeting the changed needs of customers more effectively than their competitors...
displayed 300 characters
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