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Q. Organizational change is necessary to keep up to date with global economy, market trends etc.
1. Name 3 reasons explain why an organization would change?
2. Please support your answer with examples of current organisational changes for example Qantas, Samsung, Toyota.
3. Transition to change may be challenging illustrate what approach can we adopt when implementing change?
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The organization has $200,000 in outstanding senior loans already which pays 6% interest also decides to issue $100,000 in preferred shares also $200,000 in common stock in order to finance its growth.
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