Question: (5) Given the choice between changing and not changing, most people would rather not change. Why do people tend to resist change? What problems can

(5) "Given the choice between changing and not
(5) "Given the choice between changing and not changing, most people would rather not change." Why do people tend to resist change? What problems can resistance to change create for managers? What do you think managers can do to reduce resistance to change in the work environment and lead change successfully? (6) Super Sized Cycles specializes in making larger bicycles for overweight riders. Thanks to internet sales, the company has increased sales every year. However, profits have been razor thin. The problem is that the company currently obtains parts from U.S.-based companies. Though this allows for individualized customer service, it is also expensive, as each bike costs roughly $1,250 to produce. If, however, Super Sized Cycles were to source materials from Taiwan, it could pay just $400 to $500 for each bike. What would be the best option for ensuring the continued success of Super Sized Cycles in the short term as well as in the longer term? Explain how the external environment and the internal environment affects your decision as a manager at Super Sized Cycles. (7) "It is better to take too many risks in the name of innovation than too few". Do you agree or disagree? Explain your answer by referring to a minimum of three organizations and showing how taking risks and innovating is part of the overall business strategy! (8) "Modern companies focus too heavily on their global positions and spend too little time listening to customers in their home countries." Do you agree or disagree? Support your answer with actual companies that have a global reach

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!