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Essay

flexibilty and adaptability to change

Essay specific features

 

Issue:

Business

 

Written by:

Ann J

 

Date added:

July 22, 2017

 

Level:

University

 

Grade:

A

 

No of pages / words:

1 / 265

 

Was viewed:

7511 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...
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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...
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