Entries Tagged 'Nature and Sources of Change' ↓

The acrostic you developed (thanks Bec and Sam) for Reasons for Resistance to Change was; 

Fish Is Chicken In Seafood Crumbs

Which stands for;

Reasons for Resistance to Change

• Financial Costs
• Inertia of Managers & Owners
• Cultural Incompatibility
• Staffing Consideratioons

A reminder about the acrostic we developed for Structural Responses to Change.

Orangutans Feel Students Noses

Which, as you recall, stands for;

Structural Responses to Change

• Outsourcing
• Flatter Structures
• Strategic Alliances
• Network Structures

Just to remind you of the acrostic (not an acronym as I’ve mistakenly called it before) we came up with for Internal Sources of Change.

Angry Educated New Students Now Collide

Which stands for,

Internal Sources of Change

• Accelerating Technology
• E-Commerce
• New Systems & procedures
• New (Business) Cultures

In the HSC paper the very last section (Section IV) has 2 questions. Both questions assess your knowledge from multiple topic areas but, most importantly, they require you to “use your knowledge and relevant business case study/studies“.

What this means is that in this section you must refer to the Qantas case study. However you may also refer to additional material on businesses that you have read about or that you recall from our class discussions.

In this year’s paper the 2 questions you had a choice between were as follows;

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Question 27 (20 marks)Outline the external sources of change for a business to expand internationally, and critically analyse the strategies a business may use to ensure ethical practices in a global environment.

OR

Question 28 (20 marks)

Outline the external sources of change for a business to expand internationally, and critically analyse the strategies a business may use to manage employment relations in a global environment.

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By this stage of the course you should be able to answer the first part of the question (which is the same for both Q27 and Q28). To give you a guideline about length you should be able to produce about 5-6, exam booklet, pages of material to “outline the external sources of change for a business to expand internationally”. Some of you have already been working on this as part of the in class extension work so could you post (in the comments) the plans you drew up in response to the first half of Q27 & Q28.

As a parting gift Claudia has left us with her drawing of the acronym we made up for External Sources of Change. From the syllabus;

Charging Elephants Fall, Giraffes Sleep, Lions Play Tag

nature and sources of change in business
– external influences —

• the changing nature of markets;
• economic,
• financial,
• geographic,
• social,
• legal,
• political and
• technological developments