4. Question: Owing to globalization and rapid technological change over the past few decades, the major contemporary issues in management lies in the need for efficient managers. More and more organizations today face a dynamic and changing environment. This, in turn, makes these organizations either to change or perish. There are five specific forces that are acting as stimulants for change. State and explain them with relevant examples. Business environment There are many factors or forces that affect a business day to day functioning. Business work in a society and use resources of society. Therefore influence of society on husiness