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What Are Key Drivers for Change in Business?

Answer

Key drivers for change in business are: Changing economic, political and social aspects .some organizations stagnate while others prosper in this changing context. Some of the factors driving organisations to change include competitive pressures resulting from globalization, the growth of consumer, power and the scientific technological revolution. Globalisation also creates threats and opportunities for businesses. Unforeseen forces are also drivers of change such as the economic downturn can cause global instability.
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