Case Study Analysis

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Table of Contents

1.Introduction……………………………………………………………….. 4

Importance of change………………………………………………………….4

Objectives and aims……………………………………………………………4

2. Company Background……………………………………………………..5

Diagnosis……………………………………………………………………….5

SWOT analysis…………………………………………………………………6

TAM…………………………………………………………………………….7

3. Model of Change…………………………………………………………….9

Unfreeze………………………………………………………………………..10

Change process…………………………………………………………………11

Freeze…………………………………………………………………………  12

4. Reflection……………………………………………………………………12

5. Recommendations…………………………………………………………..13

6. Conclusion…………………………………………………………………..14

References……………………………………………………………………...16

Table of Figures

Figure 1……………………………………………………………………………………8

Figure 2………………………………………………………………………………..…10

Introduction

 1.1 Importance of Change

Organizations must adapt to changing, fiercely competitive business environments. According to Gradoboeva & Koskimäki (2017), Companies must adapt quickly to keep up with the world's rapid evolution. Organizations that successfully manage change thrive, while those that fail risk being disrupted or going out of business. Change management takes many forms depending on the type of business and the people involved. The degree to which people comprehend the transformation process also has a role. Hussain et al.(2018) state that organizational change has been the subject of numerous studies from various angles. Studies on employee resistance, commitment, leadership, and communication throughout organizational change are just a few examples of existing theories.  These models imitate different granular levels affecting the organizational change process, and each level identifies distinct stages of change implementation.

1.2 Objectives and Aims

Concurring to Hussain et al. (2018), a few change management and leadership specialists claim businesses might require help overseeing transitions. This investigation points to set up a association between the process demonstrated and change. This association clarifies how pioneers can actualize change by sharing their information of the different stages of the method. These stages moreover characterize the utilitarian relationship between organizational change and change execution.

A number of organizational change models have recognized the impact of certain measurements at one or more stages of the organizational change handle. Dynamic, top-down communication is required for individuals to comprehend and back the proposed alter, but it isn't  sufficient to ensure success. According to Levasseur (2015) the thought that individuals support the things they contribute to making may be a central component of fruitful alter administration. The foremost vital component of an viable change is the affected parties' dynamic inclusion within the alter process (pg.72). The lion's share of endeavors to present unused innovation fall flat since of destitute introductory communication, which is exacerbated by coming up short to incorporate those who will be affected by the alter within the execution stage of the venture, driving to deterrents that are as well colossal to overcome.

2.Company Background

PJ Ltd is a food chain company with over 5,000 branches in the United States, with 3500 franchised restaurants in 44 countries worldwide. PJ specializes in pizzas as their main commodity together with other sides. PJ Ltd has officially sponsored big events such as the national football League; however, they have been recently dropped for a different food chain. Having had a very early foundation in the year 1970, it carries a very old structure in leadership management as well as the strategies implemented in the organization.

2.1 Diagnosis of Company 

PJ Ltd is an organization that needs help on the floor of information from the client to the service provider and the employees. The company has updated the strategies that are causing the company to fall and be trampled on by its competitors. In a tech-savvy century, organizations must update on technological know-how and service-providing. Customers no longer want to hustle to get their food orders, and therefore being able to access a service provider on the Internet without having to make numerous phone calls or go to the establishments physically is an advantage to the organization. This information can only reach the company's leaders if there is a good flow of communication from the customer to the leadership. This communication can be achieved through technology from surveys and feedback but can automatically generate what someone has ordered. Information can also move from the employees to the management through the same technology without having to call a strategy call meeting and there for wasting time. The outcome of embracing technology is lightning and exciting to the organization and the customer. Technology is effective and efficient therefore giving exceptional service that cannot be given without this technology.

2.2 SWOT ANALYIS                                                                            

Strengths:  The company has been in the business for a long time and therefore offer good quality food. They have built a great customer base and just need to maintain it. The company ha

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Discussion 2: Free Trade as the Best Policy

Free trade is an economic policy that allow nations to trade goods without restrictions such as tariff and non-tariff barriers to trade. The policy enables countries to have greater choice of goods and achieve greater benefits from economies of scale as well as increased exports and lower prices for consumers. Many economists support free trade due to such benefits, and they cite that this trade allows countries to specialize and ensure the production of cheaper products; thus, making countries better off. Essentially, economists, the major proponents of free trade, cite that products are less expensive under free trade, particularly through the comparative advantage. 

The theory of comparative advantage states that free trade allows a country to produce a particular good or service at lower opportunity costs than its trading partners, meaning that free trade can still work even if one trading partner holds an absolute advantage in all production areas (Dean et al.). Comparative advantage also affirms that free trade allows countries to increase their economic welfare by specializing in goods where countries have a lower opportunity cost. It, therefore, means that under the law of comparative advantage, countries can specialize in goods with lower opportunity costs where they have a comparative advantage. In addition, by specializing in goods where they have a comparative advantage, free trade enables such countries to achieve economies of scale (Brondino 8). So, one key benefit of free trade through the theory of comparative advantage is that it results in less expensive products, making all countries better off as their money attain higher purchasing power, making inflation-adjusted incomes higher (Brondino 17). 

Therefore, free trade can benefit countries by making products cheaper through the comparative advantage. The theory of comparative advantage asserts that there is an improvement in total economic welfare in all countries if they specialize in products with lower opportunity costs. 

Works Cited

Brondino, Gabriel. "Fragmentation of Production, Comparative Advantage, and the Heckscher-Ohlin Theory." Review of Political Economy (2021): 1-20.

Dean, Erik, et al. "Absolute and comparative advantage." Principles of Economics: Scarcity and Social Provisioning (2nd Ed.) (2020).