What Are the Impacts of Unexpected Changes on Business?
The impacts of unexpected changes can be profound and varied. They can affect:
1. Financial Performance: Sudden shifts can lead to loss of revenue or increased costs. 2. Operational Efficiency: Disruptions can hinder the smooth functioning of operations. 3. Employee Morale: Uncertain times can affect employee morale and productivity. 4. Market Position: Companies may lose or gain market share depending on their response.