Impact of Market Forces on Engineering Consulting Industry
Journal Title: International Journal of Management, IT and Engineering - Year 2017, Vol 7, Issue 11
Abstract
Different strategic management models have been studied for the manufacturing and commodity industry, however, less attention has been given to how engineering consulting firms fit in the model of market forces. A total of seven market forces have been considered including the five market forces from Porter's five forces model and two other market forces of globalization and deregulation to analyze engineering consulting industry. The purpose of this article is to study the impact of market forces on professional services provided by engineering consulting firms. The market forces include the evaluation of the internal and external factors affecting the strategic planning and managerial implications associated with engineering consulting industry.
Authors and Affiliations
Vishesh M. Singh
Keywords
Related Articles
- EP ID EP18917
- DOI -
- Views 367
- Downloads 13
Impact of portfolio management on business-IT Alignment
The purpose of this research is to understand and quantify the impact of portfolio management on Business-IT Alignment and strength of interaction among them. A theoretical framework is proposed regarding the construct...
slugThe Approaches of Materialize View Maintenance Process in Data Warehousing
Materialized view maintenance is a significant issue due to the growing use of warehouse technology for information integration and data analysis. Materialized views are used to speed up query processing on large amoun...
A Conceptual Study on Application Of Neuro Plasticity for Leadership Development: A Leadership Perspective
Neuroplasticity is the process by which a brain remembers new tasks, functions and ideas which is not a fixed entity, a trainable managed or encouraged to greater capacity and efficiency. Neuroplasticity, known as brai...
A study and analysis of existence and involvements of computer assisted ELearning techniques for the improvement and development of medical education and knowledge dissemination
This paper provide an introduction to e-learning and its role in medical education by outlining key terms, the components of e-learning, the evidence for its effectiveness, evaluation strategies for elearning and develo...
slugChallenges in Indian Financial Sector to become Economic Super Power in the Coming Decade
Presently India is borrowing heavily from World Bank and ADB for Government Projects. The Private ventures are looking for FDIs but the ceiling is restricted by government policy. Hence a considerable fiscal from GDP i...