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Business and Admin Level 2 Unit 4 assessment answers
1.
Business and Administration ©
Creating Careers Ltd 2011-2014 Page 1 of 6 Unit four: Principles of supporting change in a business environment Assessment You should use this file to complete your Assessment. The first thing you need to do is save a copy of this document, either onto your computer or a disk Then work through your Assessment, remembering to save your work regularly When you’ve finished, print out a copy to keep for reference Then, go to www.vision2learn.com and send your completed Assessment to your tutor via your My Study area – make sure it is clearly marked with your name, the course title and the Unit and Assessment number. Please note that this Assessment document has 3 pages and is made up of 3 Sections. Name: D S Section 1: Why change happens This section will help you to evidence Learning Outcome 1: Understand why change happens in a business environment. Learning objective Place in Assessment 1.1 Explain reasons for change in a business environment Question 1 Page 1 1. Explain why change happens in a business environment. You should include at least three reasons in your answer. [1.1] In today’s competitive world, change is inevitable, essential and natural, whether it is for people or businesses. Without it, no business can flourish or retain its position for a long time. Changes can be driven externally or internally. External changes happen outside a business environment. They are changes in government, needs of the consumers, competition to a business and introduction of new technological trends. Analysis of the above help a business prepare and respond to these waves of modifications. This is called a PEST analysis that covers all the aspects mentioned above, political, economic, social or technological. Customers or consumers is a social force of any business. They get affected by any impact on the economy, variations in their own lifestyles or what is happening around the world, therefore, it becomes essential for any business to offer deals which not only helps to retain existing customers but also make new ones. Similarly, changes in the government policies, laws, interest rates can directly affect a company’s bottom line, especially if they operate in other countries, as they have to then adjust according to fluctuations in that economy. Technology advancement is a continual process and every business has to nimble to keep up with the changing technological trends. The most common example of the same is online
2.
Business and Administration ©
Creating Careers Ltd 2011-2014 Page 2 of 6 shopping. Most of the businesses have apps for customers to order on, which helps them increase their sales and also benefit from app download. Internal changes are the changes which comes from within an organisation. They impact deeply on the success and approach of operations. The only difference being that they are in control of the business and managing the strengths of internal operations is entirely in their hands. Leadership of a business is an essential internal factor. The way a business is lead and managed impacts the organisational culture. Every business must have a mission and vision statements as they become the motivation for the employees, who are the strength of any business. if employees are happy, motivated and talented, they would produce better results than unmotivated staff. Operations is another internal factor that plays an important part in business success. This can include record keeping, supply chain, IT systems etc. They have to be regularly checked and updated so that a business can run smoothly. Finances are the heart of any business. An efficient financial structure depends on business transactions and financial systems. If the systemis reliable and adapted to changing trends, it can cope to all the transformations in the business, whether it is fluctuating interest rates, switching between customers with different terms etc.
3.
Business and Administration ©
Creating Careers Ltd 2011-2014 Page 3 of 6 Section 2: Supporting change This section will help you to evidence Learning Outcome 2: Understand the purpose of supporting change in a business environment. Learning objective Place in Assessment 2.1 Identify reasons for reviewing working methods, products or services Question 1 Page 2 2.2 Describe types of support that people may need during change Question 2a Page 2 2.3 Explain the benefits of working with others during change Question 2b Page 2 1. Identify the main reasons for reviewing working methods, products and / or services in a business environment. [2.1] Changes happen to improve and make things better. For a business, even a small change can have a big effect and can either lead to development or disaster. The two main areas where a business would make a change is either in their working methods or their products and services. Working methods are changed so that the customers don’t feel disappointed, similarly in products and services, they are made to meet the changing needs of the customers. A business should be able to adapt changes constantly in order to be successful. Most businesses face lot of pressures to bring change, caused due to many influences and only diligence in detecting and implying those changes can help them survive. Measures like involving staff in decision making process can be very productive as they can bring in new ideas. Regular and free training to staff about the new product and services can help them develop their skills and bring rise to the area of their expertise. More knowledge means better dealing with matters. Failure to adapt changes brings frustrations and stress in the work place, making it an unhealthy and unhappy place to work. Timely review of working methods can extend staff’s creativity. Review should be based on both positive and negative responses from the staff and the business itself. It should keep safety of staff and have to work on worth a try method so that in case it needs complete replacement of products and services, it can then be done easily without having to go through the review process again. 2. When a business is going through change: a) Describe the different types of support that people may need. [2.2] A change brings along challenges and a test to see how well they are taken. Either it is easily absorbed and well taken or sometimes one needs support to accept and adapt it. Changes in a business could be stressful. Therefore, it is essential to familiarise the employees with the change, else it could happen like a sudden
4.
Business and Administration ©
Creating Careers Ltd 2011-2014 Page 4 of 6 explosion where they are caught unaware, resulting in them getting stressed and non-productive thereafter. To avoid the above, businesses adopt various ways of supporting people within the business change. It starts with effective planning on the business’s behalf. Meetings where these changes are communicated, training sessions and trial runs are organised which can help the employees to familiarise themselves with what is coming in the near future. They give them time to learn and envisages employee relationships understanding, positivity and therefore build a support system. People who are already dealing with stress and anxiety, any change can worsen their condition, so, counselling can be offered. All the above measures would help employees work effectively and efficiently. b) Explain the benefits of working with others. [2.3] A business is formed when people of different skills come together, working as a team. A successful teamis the one who are helpful, supportive and compassionate towards each other. During the process of change, team members can offer encouragement, support and assistance. First thing a person carries with them is a smile, which can brighten anyone’s whole day. If someone in the team is not coping well with change, once can help by talking and asking if they need help, by being able to listen when the other is sharing problem, providing examples of previous changes and success stories, explaining the benefits of change and their own experiences during that process. The above process can minimise people being isolated and provides a framework for problem solving and mutual support within the workplace.
5.
Business and Administration ©
Creating Careers Ltd 2011-2014 Page 5 of 6 Section 3: Responding to change This section will help you to evidence Learning Outcome 3: Understand how to respond to change in a business environment. Learning objective Place in Assessment 3.1 Explain the purpose of responding positively to changes in working methods, products or services Question 1a Page 3 Question 1b Page 3 3.2 Identify ways of responding positively to change Question 1c Page 3 1. In relation to your current business environment (or one that you are familiar with): a) Explain why you should respond positively to changes in working methods. [3.1] There are only two ways to react to change; Positive or Negative. When changes in products, services or working methods are done without notice, the response is very likely to be negative. On the other hand, enough notice and preparations before change is taken much positively. The best example for the same is the current scenario of Carona Virus, where the government announced a lockdown suddenly and everyone was told to work from home. This was change in working methods as some people are used to working within an office atmosphere, between people and need assistance on regular basis. For them, working from home is like not working at all as there is no human interaction, and the kind of work we do, most of the work is done in field area which is not possible and therefore, the business suffers. Quoting the same example, this change was taken in a positive stride by many others and made best use of this situation by clearing the back-log records, chasing them with clients and taking relevant actions which were piling up under normal circumstances due to new contracts and jobs on daily basis. This also gave an opportunity for the senior management to create training modules for new employees as per the new changes happened over the few years which otherwise require a staff member to do new staff training Reacting positively to changes always reap better results and help in development of a business. b) Explain why you should respond positively to changes in products or services. [3.1] When we say everything happens for a reason, similarly changes also happen for a reason. It is always better to know the reason for the change so that you are able to think positively about the same. A business undergoing a change provides its
6.
Business and Administration ©
Creating Careers Ltd 2011-2014 Page 6 of 6 employees the sources and solutions to adapt to changes and it is then up to you to see that change in a positive stride, accept it and carry on. Most of the time, the changes are made to a business so that it can meet the customer demands and needs and make their service better. They are also made to facilitate the completion of tasks much faster and benefit you and others. It might take time to adapt to anything new and learn it but it would give more benefits to you in the longer run. It can also result in better working relationships and customer loyalty. Therefore, positive response to a change encourages a positive environment and good teamwork leading to job satisfaction. c) Identify ways of responding positively to change. [3.2] As explained above, changes should be taken positively by each individual working in a business environment as it would only happen for the benefit of the business and everyone’s contribution is valuable. There are many ways one can respond positively The first positive response one can take is to see one’s outlook towards the change. One can take the change as an opportunity to gain new skills and expertise, improve working methods and procedures which could help achieve progression in career. Second positive response to a change one can show is by attending and participating in any training provided by the organisation with a positive attitude. The more knowledge one gets, the easier it becomes for them to do that something new. Another way to respond positively to change is by supporting colleagues if you find them struggling. This can prove to be a great opportunity to demonstrate your newly learnt skills to your colleagues and give on hand experience which helps in boosting one’s confidence to adapt further changes in the future. Once you have completed all 3 Sections of this Assessment, go to www.vision2learn.com and send your work to your tutor for marking.