Your product is smart watch. imagine that a business capable of manufacturing and selling your productalready exists. However, you will have to make significant changes tothe business to deliver the product. You will introduce a new production process, discontinue the production of $1$ or $2$ existing products that arentmaking a profit but which the company has manufactured for a long time,make $10\%$ of your workforce redundant, and restructure the organisationto ensure you can sell your new product in new markets.Outline a strategy for Your communicating and introducing these changes to minimise disruption in the business and handle any staff issues arising out of the planned changes.Justify your choices.