As a Bachelor of Science in Business graduate, you will be competing against other graduates in the job market. You and your fellow job applicants are the "industry." What are the most significant economic, technological, demographic, social, and political opportunities and threats affecting you and everyone else who applies for the jobs (Human Resources) you want most?
As a Bachelor of Science in Business graduate, you will be competing against other graduates in the job market. You and your fellow job applicants are the "industry." What are the most significant economic, technological, demographic, social, and political opportunities and threats affecting you and everyone else who applies for the jobs (Human Resources) you want most?
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question
As a Bachelor of Science in Business graduate, you will be competing against other graduates in the job market. You and your fellow job applicants are the "industry."
What are the most significant economic, technological, demographic, social, and political opportunities and threats affecting you and everyone else who applies for the jobs (Human Resources) you want most?
Opportunities | Threats | |
Economic | ||
Technological | ||
Demographic | ||
Political | ||
Force 1 Threat of New Entrants (Other graduates) | ||
Force 2 Threat of Substitution (Automation of your job) | ||
Force 3 Supplier Power (Power of colleges and universities) | ||
Force 4 Buyer (Employer) Power | ||
Force 5 Internal Rivalry (between you and others in your career path) |
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