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Change Management

1. Consider the 7 factors or forces listed below. Take each factor and give a “real world”?
example of how that particular factor has created the need for change in a company or organization or how this factor might create the need for future change.
For instance, wireless communication is an example of a technological advancement. Wireless makes files and data available to remote workers and to anyone,
anywhere, any time.

a. Technological Advances

b. Global Economics

c. Maturation of Existing Markets

d. Development of New Markets

e. Sociopolitical Developments

f. Increasingly Intense Competition

g. Increasing Influence of Stakeholders and Customers

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