Title: Importance of Change in Business | Bizfluent
Headings: Importance of Change in Business
Importance of Change in Business
Change in Business Environment: An Example
Other Reasons for Change
Change Leads to Growth
Questioning the Status Quo
Bringing Employees On Board

Content: Importance of Change in Business | Bizfluent
Importance of Change in Business
smiling business woman image by Andrew Howard from Fotolia.com
By: Fraser Sherman
Reviewed by: Michelle Seidel, B.Sc., LL.B., MBA
Updated May 08, 2019
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Business success is wonderful, but it may not be permanent. New competitors enter the field, new products can make your company's top seller obsolete and customers develop new priorities. Businesses adapt to change or they shut their doors. That's the importance of change in business. Change in Business Environment: An Example
The business environment is shaped by the industry, the customers' wishes, technology and the law. All of these can change rapidly, affecting some companies for the better and others for the worse.