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
Two people who stood up for what they believed in were Abraham Lincoln and Martin Luther King Jr. Both men came from modest beginnings and worked their way into the public eye while fearlessly speaking out on what they believed in, which was human rights.Full Answer >
Some advantages of science and technology include improved transportation and communication, quality health care, easier methods of conducting business, and improved learning capabilities. The increased convenience of travel and improved levels of health care that have resulted from investments in science and technology have had a significant impact on society.Full Answer >
The primary advantage of specialization is that a business or worker can build a reputation for expertise in a given area. A major drawback is that specialization limits opportunities to develop in other areas, which is challenging when demand for the specialization wanes.Full Answer >
Oral communication is an important means of communicating in business, academic settings and elsewhere. Oral communication also deals with working with others. Employees who are able to speak well can set themselves apart from their fellow workers.Full Answer >