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Internal forces are stresses and changes inside the material or body. External forces act independently upon an object.
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Difference between rbv and porter 5 forces?
The RBV looks at the internal environment, in terms of resources and skills the firm has at its disposal, to create a competitive edge, whereas the five forces looks at the external environment .
External forces on the financial services industry?
are you doing your assignments?
What are the three elements of an economic theory?
The three elements of an economic theory include the dominant/dependent states. The other two have to do with external forces and relationship between dominant and dependent states.
What Five major external forces seem to drive the rate of change and shape your economic and political landscape?
5 major external forces seem to drive the rate of change and shape our economic and political landscape: globalization, technology, organizational consolidation, the empowered consumer, and government policy and regulation.
What impact can changes on external influences have on a business?
If there is anything that is stead fast and unchanging, it is change itself. Change is inevitable, and those organizations who do not keep up with change will become unstable, with long-term survivability in question.There are things, events, or situations that occur that affect the way a business operates, either in a positive or negative way. These things, situations, or events that occur that affect a business in either a positive or negative way are called "driving forces."There are two kinds of driving forces; Internal driving forces, and external driving forces. Internal driving forces are those kinds of things, situations, or events that occur inside the business, and are generally under the control of the company. Examples might be, organization of machinery and equipment, technological capacity, organizational culture, management systems, etc. External driving forces are those kinds of things, situation, or events that occur outside of the company and are by an large beyond the control of the company. Examples of external driving forces might be, the industry itself, the economy, demographics, competition, political interference, etc.Whether they are internal or external driving forces, one thing is certain for both. Change will occur! A company must be cognizant of these changes, flexible, and willing to respond to them in an appropriate way.Because you have asked specifically about external driving forces and the impact they might have on businesses; here is my take. External driving forces can bury a business if not appropriately dealt with. The question is, how does a business know what changes are occurring so that they can deal with them in a positive way. OK, that's the next issue.In order for a business to succeed and gain the competitive edge, the business must know what changes are indeed occurring, and what changes might be coming up in the future. I guess you might call this forecasting. Thus, critical to the business is what we call "informational resources." It is the collection and analyzation of data. Some examples of critical information might include the follwing:* Competition (what are they doing?) * Customer behavior (needs, wants, and desires)* Industry out look (local, national, global) * Demographics (the change populations, there density, etc.) * Economy (are we peaking, or moving negatively) * Political movements and/or interference* Social environment * Technological changes * General environmental changes The above are just some issues organizations must be on top of. Well its never easy, but businesses that are successful include all of the above (and more), to develop the appropriate tactics, strategies, and best practices, to ensure successful outs comes.
What is the difference between internal and external?
Internal is a concern, activity or process inside or "within" an entity (e.g. internal medicine, internal combustion).External is applied to forces or influences outside the entity (e.g. external symptoms, external hard drives).Internal and external are another way of saying inside and outside.
Are hurricanes internal or external forces?
Internal
Are earthquakes internal or external forces of change?
external
Is a mountain formed by internal or external forces?
external
Difference between rbv and porter 5 forces?
The RBV looks at the internal environment, in terms of resources and skills the firm has at its disposal, to create a competitive edge, whereas the five forces looks at the external environment .
What are some of the forces that can repress theater?
internal and external forces.
What is the difference between internal force and external force?
Internal are people who are working inside the business such as; manager, employees etc. Internal can define a location or entity that is encased within another. Internal forces are stresses and changes inside the material or body.External forces are people who are outside the business such as; customers, community, etc. External forces supposed to act externally ie,strain,moving an object from one place to another. External is simply the opposite of this, meaning an entity that is not contained within another entity.
What are the most common forces affecting a bridge?
external forces and internal forces
Which forces are easier to anticipate and design for internal or external?
can some one write the reason for why external or internal?
How internal and external forces affect mountains?
LaRae
Boiling involve a chemical property?
it is more of a physical property depending on the strength of the substances' atomic/molecular columb forces, and the difference between internal and external pressure. so no it does not involve chemical property
What are the forces that act on the great pyramid of Giza?
internal & external
