Business Management - Unit 4 - AoS 1

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Last updated 11:39 PM on 6/18/26
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4 Terms

1
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Business change

The adoption of a new idea of behaviour by a business.

2
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Proactive approach

Occurs when change is planned and is before a business is affected by pressures in their environment. It’s about initiating change rather than reaction to events.

3
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Reactive Approach

Occurs when change is unplanned and is after the business has already been affected. It is waiting for change to occur and then responding to it.

4
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Change

any alteration in the internal or external environments.