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Demand for organic foods has increased dramatically as Americans have become more aware of the effects of pesticides and other harmful chemicals in food. This exemplifies market changes outside the organization .
Market change refers to the various changes and difficulties the market has faced over its history. You should constantly be aware of any outside changes and market conditions that could affect your firm in order to identify and address any possible issues. If required, you should also be prepared to react fast and adjust your plans.
At some time, the whole sales environment changes for all organizations. These adjustments may have an impact on the entire economy, resulting in a recession or economic downturn, or they may have an impact on just one industry or sector. In order to prevent future cashflow problems, it is crucial to be aware of any changes and adjust your projections and plans accordingly.
To know more about Market change refer:
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