Human Factors Essay Example | Topics and Well Written Essays - 750 words

Human Factors - Essay Example External environment plays a very significant role in the success of the business. The analysis method that will be most appropriate in evaluating the operations of the external environment is the Porter’s Five Force Model, while the PEST analysis would be used in investigating and evaluating the macro environment. Porter’s Five Force Model examines very sensitive and significant areas of the business organization (Porter, 2004). The next aspect of consideration is the internal analysis of the business in distributing the target tape to hospitals that would be very important in understanding and evaluating the operations of the business. This kind of analysis will be very important in determining whether the company will be successful or will collapse along the way. The internal analysis under consideration would include the primary activities like human resource management, finance, customer service, and marketing (Chaffey, 2009). It is however, of great importance for the business to possess unique capabilities and characteristics in order to enable the management develop a strategy that would assist in distributing quality target tapes to hospitals and health care institutions. Another important aspect to note in the implementation is the generic competitive strategies that would enable the firm fit in the competitive nature of the market. Some of the challenges experienced in a competitive environment ar e the increased demand for high quality target tapes and the growing need to adopt new technology in order to serve the diverse needs of the patients. These are the business organizations that would have the ability and the will to join the existing business environment and hence make the competition be tenser. The planners need to understand that profit levels of the business will tend to depreciate because as other organizations strive to join the product market, there will be increased rivalry (Porter, 2004). Therefore, it is