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This video covers the content of managing change in BTEC business level 3 unit 6. Businesses need to change to survive and be successful, and managers must oversee these changes. Changes can be big or small, and need to be managed effectively, considering cost, feasibility, and employees. Internal factors that influence change include business growth or decline, technological changes, demand for skills, poor leadership, industrial action, and cash flow management. Businesses must respond to trends quickly to avoid being left behind.