Test Yourself - Business Context (1). Page 46

 

Test Yourself – Page 46 

 

 

Explain why it is important to set budgets and timescales when planning changes within a business 

This is important as business needs to know what time they have to change business and if it is achievable in that timeframe. They should also consider the economic impacts of change on the business and avoid bankruptcy. 


What is the purpose of a post-project review? 

A post-project review is important as it allows the business to outline what went well and what they could improve on to get better and more efficient. 


A business is implementing change by installing new technological equipment on a production line. Identify two potential skills and developments that the production team may require 

Some skills the production team may require are education in how to use the equipment and how to troubleshoot issues quickly. 


Explain the purpose of reinforcing change 

Reinforcing change is important to maintain the changes implemented in the business. It helps sustain the changes and is essential to leadership. 


Explain the importance of clarifying the resources required when planning for change 

This is important as a business needs not to over or underestimate the resources needed for change. This can cause a huge loss of money and time. 

  

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