a) Nowadays business environment is characterized by increasingly high levels of uncertainty and change. Businesspeople need to prepare themselves to adapt successfully to a rapidly changing business environment. This changes have significantly impacted everything we do , including the way we live and also they have had dramatic impacts on business. One important driver if change is the amount of information the world generates is increasing, also the amount of knowledge the world generates in increasing. This increases is being generated is creating a major headache for business, and the companies don’t know how to act and solve the questions through the huge amount of information. All organization at one time or another face substantive modifications to some aspects of their business. Supervisors can prepare themselves to adapt by following a variety of tips, such a –becoming aware of situation. –understanding change –improving skills and knowledge etc.
b)Technology is another driver of increased complexity. Firms had adapt to a radical new technology. If they set long term strategy before, now companies are finding flexible approach to their business. Companies need to constantly review and adapt their strategy and ensure that they build an organization that is able and willing to change continuously. At the same time, new technology makes our life easier , particular in business. Business owners can use technology to reduce business costs. Business technology helps automate back office functions, such as record keeping, accounting and payroll. Business owners can also use technology to create secure environments. Technology can help businesses improve their communication processes. Emails, texting, websites and personal digital products applications, known as “apps," can help companies improve communication with consumers. Businesses can increase
