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DPR3705 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 - DUE 27 September 2024 R50,00   Add to cart
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  5. Strategic Planning and Advisement (DPR3705)

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DPR3705 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 - DUE 27 September 2024
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DPR3705 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 - DUE 27 September 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App 0.6.7-1.7.1-1.7.3.9. Ensure your success with us.. Activity 1 3.1 Define the concept of Strategic change. (2) 3.2 Describe seven b...

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  • September 18, 2024
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DPR3705
Assignment 2 Semester 2 2024
Detailed Solutions, References & Explanations

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Due Date: 27 September 2024
ACTIVITY 1

3.1 Define the concept of Strategic Change

Strategic change refers to the process of altering the direction, goals, or operational tactics of an
organization to adapt to new market conditions, technological advancements, or shifts in the
competitive landscape. It is a proactive or reactive approach taken by an organization to ensure
long-term success and sustainability. Strategic change often involves restructuring, redefining
business objectives, or implementing new strategies to improve efficiency, competitiveness, and
profitability. This process can be influenced by both internal and external factors, including changes
in leadership, evolving customer demands, and industry disruptions. Strategic change is essential
for organizations to remain relevant and competitive in a rapidly evolving global marketplace. It
requires careful planning, strong leadership, and effective communication to ensure that all
stakeholders understand the reasons for change and are aligned with the new strategic vision. The
successful implementation of strategic change is crucial for an organization’s growth, innovation,
and long-term survival.
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