Question: Every company is continuously confronted by change. There are changes in markets, competition, technology, and customer concerns, and even in family relationships. Changes in the

Every company is continuously confronted by change. There are changes in markets, competition, technology, and customer concerns, and even in family relationships. Changes in the business environment occur on a continuous basis. As has already been observed, failure to successfully handle these changes can cause a business failure. Discuss any five practical steps that can be taken to ensure successful change.

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