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Analyse how societal attitudes have been a driving force for change in a contemporary business that you have studied this year - VCE - SSCE Business Management - Question 6 - 2020 - Paper 1
Question 6
Analyse how societal attitudes have been a driving force for change in a contemporary business that you have studied this year. Outline how two of the restraining f... show full transcript
Worked Solution & Example Answer:Analyse how societal attitudes have been a driving force for change in a contemporary business that you have studied this year - VCE - SSCE Business Management - Question 6 - 2020 - Paper 1
Step 1
Analyse how societal attitudes have been a driving force for change in a contemporary business that you have studied this year.
Answer
In recent years, societal attitudes have significantly influenced business operations, especially in light of global events like the Covid-19 pandemic. For example, the supermarket sector had to adapt quickly to shifting consumer expectations concerning health and safety. Consumers became more conscious of hygiene, leading businesses like Woolworths to implement measures ensuring safety and reliability in their offerings.
The change in societal attitudes towards health and hygiene pushed Woolworths to reassess its operational strategies, leading to the introduction of new policies that ensured compliance with safety standards. This demonstrates that societal attitudes can drive businesses to modify their practices in response to changing expectations, thereby influencing overall business strategies.
Step 2
Outline how two of the restraining forces in business listed below might influence Manitta Mining's ability to successfully introduce change to business operations in the future: - organisational inertia - legislation
Answer
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Organisational inertia: Organisational inertia refers to the resistance to change within an organization. Manitta Mining may face challenges in altering processes or incorporating new technologies if the existing workforce is accustomed to traditional methods. This inertia can hinder the introduction of innovations or improvements, making it difficult for the company to adapt to evolving market demands and operational efficiencies.
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Legislation: Legislative factors can significantly impact Manitta Mining's ability to implement changes. New government regulations may impose restrictions on operational practices, safety protocols, and environmental compliance, which could limit the scope of potential changes. For example, stringent regulations on mining practices could delay or complicate the introduction of new equipment or techniques, thus affecting overall productivity and strategic planning.