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Change - Coggle Diagram

- - - - Governments can change legislation both to limit business activity and alternatively to free up activity.
      - Businesses constantly have to comply with new legislation and adapt their products and services accordingly
    - - Businesses react to economic circumstances such as cutting costs and improving productivity to remain competitive.
      - Exchange rate fluctuations cause businesses to seek new markets or change to new suppliers as their profit margins become squeezed
    - - Existing competitors can change their strategy, or new competitors can enter the marketplace.
  - - - Carefully managed organic growth prevents cash flow problems and limits risk.
    - - The introduction of new can increase production of products and improve the businesses efficiency
    - - The introduction of new key decision makers can bring about significant changes and changes to the business's culture.