If a company wants to ensure that changes are implemented in the best possible way and that those changes will lead to long-term benefits, it should use the ..... approach.

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

If a company wants to ensure that changes are implemented in the best possible way and that those changes will lead to long-term benefits, it should use the ____ approach.

A	Change avoidance
B	Problem solving
C	Change management
D	Solution finding

Explanation:

Detailed explanation-1: -Focus on continuous improvement, not a one-off effort. Obtain strong ownership and commitment by leadership. Focus on the right priorities, really understanding what you’re going for. Create clear accountability, with KPIs [key performance indicators].

Detailed explanation-2: -Accept change that will happen. Look at the bigger picture. Trust you are being taken care of. Trust your gut instincts. Take action if necessary. Get clear on whether change is for the better. Work together as a team. Treat people equally despite the changes. More items •26-Apr-2022

Detailed explanation-3: -Netflix. Netflix is a great example of a company that completely pivoted its business model to prevail against changing trends. Domino’s Pizza. IBM, and Tesco. Walmart and IKEA. Tesla. LEGO. 01-Feb-2022

There is 1 question to complete.

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT