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How do we know when the change is optimal?


  • Lazar Latu
  • Roxana Latu


The analysis of the external environment must not be limited to the identification of the external factors, but must also take into account their importance. The real management capacity consists of finding out their signification, of identifying exactly those factors which may have a special influence upon the organization. As a consequence of the fact that the external environment is dynamic, it is important to understand correctly the direction of the moment and the location of the change.

Suggested Citation

  • Lazar Latu & Roxana Latu, 2010. "How do we know when the change is optimal?," Studies and Scientific Researches. Economics Edition, "Vasile Alecsandri" University of Bacau, Faculty of Economic Sciences, issue 15.
  • Handle: RePEc:bac:fsecub:10-15-61

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    References listed on IDEAS

    1. Ulrich Witt & Tom Broekel & Thomas Brenner, 2012. "Knowledge and its Economic Characteristics: A Conceptual Clarification," Chapters,in: Handbook of Knowledge and Economics, chapter 16 Edward Elgar Publishing.
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    More about this item


    Change; sigmoid curve; paradox; attitude;

    JEL classification:

    • O - Economic Development, Innovation, Technological Change, and Growth


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