REMOTE ENVIRONMENT (Strategic Management) Essay Example | Topics and Well Written Essays - 250 words

REMOTE ENVIRONMENT (Strategic Management) - Essay Example Forces that impact the dynamics of a particular industry includes the ease with which new firms can enter an industry, the bargaining power of both the suppliers as well as the customers, the availability of different substitutes within a particular industry and the intensity of competition between different firms operating in a particular industry (Porter, 2008). The enterprise competitive position helps in identifying the level of competition that is taking place in the environment in which an organization is operating. Customer profile helps an organization in identifying the needs and wants of the customers to which the organization is responding to or will be responding (Hill, 2012). The characteristic of availability of human resources helps in identifying the characteristics of the employees that are working in an industry (Enz, 2010). It even helps in identifying what the human resources perceive about a company and the ease with which these human resources can be