In business, internal forces for change refer to events, people and systems within a company that help or prevent it from achieving short- and long-term goals. External forces for change refer to outside influences such as the economy, consumer demand and competition that help or prevent the company from achieving short- and long-term goals. SWOT analysis, for example, identifies internal and external strengths, weaknesses, opportunities and threats.Know More
Most companies continually examine internal and external forces for change to maintain or improve revenue, continue to provide quality goods and services, and maintain employee loyalty. Conducting internal surveys and entrance and exit interviews, monitoring employee productivity and resolving workforce issues help management identify and measure internal forces for change. Maintaining strong consumer relations, properly pricing goods and services and monitoring the competition allow management to identify and measure external forces for change.
Identifying potential forces for change allows companies to adapt current business strategies, make improvements to existing computer systems and other technology, hire and promote employees and plan for the future. Analysis of internal and external forces for change also allows companies to determine when to make changes to management and leadership, workforce, computer systems and manufacturing. Management can monitor these changes to make additional changes as necessary.Learn More
Social forces are fundamental in the study of sociology, shaping the field's understanding of social behavior, and as such one of the most famous (or infamous) examples of social forces at work is the Zimbardo Prison Simulation, which aimed to prove that social forces at work in a prison environment were key in shaping human behavior. Participants in the experiment acted in ways they never thought possible, proving that social forces have a powerful impact on human behavior overall.Full Answer >
Any time a company takes advantage of a consumer, that is an example of consumer exploitation. Commercial societies rely on the consumer spending money in order to create profits. When companies act unethically, they break the trust that they have built with consumers, leading to anger and frustration. While the principle of the free market ideally dictates that fraudulent companies will lose so much money that they go out of business, the truth is that the companies that do the most exploitation often make a lot of money.Full Answer >
External growth is when a business or a company increases its profits through mergers and acquisition rather than its operation. The main goal is to bring the external finance into the company and achieve greater market share. External growth allows the company to expand quickly, but it is also associated with a number of problems; for example, when companies are merged, creating a unifying culture is usually hard.Full Answer >
External recruitment is a strategy of seeking new employees from a prospect pool outside the company, according to Mark Applegate for the Houston Chronicle. It is used in addition to or instead of an internal recruiting program. Companies seek external candidates to increase the number and quality of applicants or to invite fresh perspectives into the organization.Full Answer >