Effect of Change on Stakeholders (VCE SSCE Business Management): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
Which groups are key stakeholders affected by organisational change?
Which groups are key stakeholders affected by organisational change?
Managers, employees, customers, suppliers
What dual challenge do managers face during periods of change?
What dual challenge do managers face during periods of change?
Own adjustment & guiding teams through change
What management style shift often occurs when implementing change?
What management style shift often occurs when implementing change?
Autocratic to participative/consultative
What percentage of employees fully understand their company's strategies?
What percentage of employees fully understand their company's strategies?
Around 5%
What two things must employees understand for change to be successful?
What two things must employees understand for change to be successful?
Why it's happening & what's in it for them
What is a major cause of employee resistance to change?
What is a major cause of employee resistance to change?
Lack of awareness about changes and why
What happened when Toblerone changed its chocolate bar shape?
What happened when Toblerone changed its chocolate bar shape?
Overwhelmingly negative customer reaction
Why are smaller suppliers particularly vulnerable during business change?
Why are smaller suppliers particularly vulnerable during business change?
Limited control over larger client relations
What community impact occurs when a business relocates to another area?
What community impact occurs when a business relocates to another area?
Employment loss & other businesses struggle
What platform must new Australia Post suppliers join?
What platform must new Australia Post suppliers join?
SEDEX (Supplier Ethical Data Exchange)