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Managing change is most likely to occur in the commitment stage of developing partnerships
A partnership is a type of business where two or more people join forces to manage the risks of running a business, share ownership of the business, and make profits and losses together. The partners pledge to combine their resources for the benefit of the company. Partners should communicate openly and regularly about any changes that may impact the partnership. This can help to ensure that partners are aware of the changes.
Managing change is an important aspect of developing and maintaining partnerships. In the commitment stage of partnership development, partners have typically made a commitment to work together towards a shared goal and have established a framework for collaboration. At this stage, it is important for partners to be open to adapting to changing circumstances and to be willing to modify their approach as needed.
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