Such as new product offerings con substantially impact a company\'s strategy + W

Question

Such as new product offerings con substantially impact a company's strategy + Work force university The work force continue to see increased particular of females, persons with physically challenges, and persons from different countries and as well as rise in the mean age of workers. Natural force it is one type of physical force that can vallicate because of back of proper natural resource it effects on production output. Customers are the one of the major external element the we can attempt through marketing to reveal the information of the market. Make sure, our relationship with the customers based on finding ways to purchase our marketing products Explain the concept of a cost-benefit analysis as part of the change management process It is one of the systematic process that works the comparisons and calculations of the benefits and costs of project, basis of government polices. Importance: CBA is important in change management process because of calculate the net cost of business their project in the market.

Explanation / Answer

what ever you presented on above picture about cost benefit analysis is correct.

organizations ready to spend huge amounts of money when they are able to recover it and gain more profits than existing position. otherwise they wont show interest.

usually the considere the costs occured because of the change what they want to implement in the firm or in a specific process, it occurs some time, money, resources and energy also. the primary cost components of change management includes:

change management costs of resources like people and any other technology

training cost to employees; design a training sessions, implement them, development and delivery of content

and any other costs like consulting costs for consultants, general expenses and any other expenses occurs for this.

once if all these implemented, the project definitely provide positive returns like more ROI on project, it minimizes risk, and it can becomes as world class firm.

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