What Are Some Examples of External and Internal Forces That

question 77

Essay

What are some examples of external and internal forces that would require a manager to lead organizational change?

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Definitions:

Future Years

Refers to the period of time that lies ahead, used in planning, forecasting, or projecting financial and operational activities.

Plant Asset

Long-lived tangible assets used in the production and distribution of goods and services, such as machinery and equipment.

Systematic

Methodical in procedure or plan; carried out using step-by-step methods leading to predictable outcomes.

Service Life

The estimated period over which a fixed asset is expected to be usable by the entity, impacting its depreciation calculation.