driving (adjective, driv-ing, \ ˈdraɪvɪŋ \) forces (noun, forc-es, \ fɔːrsɪz \)
Definition: are major internal and external functions and factors that affect a business’s operation, decision-making process, and policies it implements to remain competitive. Internal forces of any business include the knowledge level of the employees, the competence of the management body, the employee turnover, their core capabilities, the quality of the product, the technological innovations a business is able to offer, etc. External forces are the ones that a business cannot control. They include the economic conditions, the changes in demographics, the competition, the social trends, the technological development, the environmental issues, the national and local politics, etc.
In a Sentence:
- Defining the core driving forces of your company will allow you to develop a successful strategic plan.
- The driving forces behind the human resources influence the constant turnover in the company.
- Technology is one of our strongest driving forces. Let’s use it to advertise the product as well.
Synonyms and related words: internal forces, external forces, business environment, micro environment, macro environment
