1. Briefly describe Woolworth's industry conditions with a focus on the current and expected level of competition in the industry. Explain which two industry characteristics (from Porter's 5 forces model) are most important in determining the long-termprofitability within the industry. Provide an industry map

2. Describe woolworth's competitive strategy with a focus on how that strategy has evolved in the last 3 years. make specific reference to the likelihoodof future revenue growth and profits generated by the company's strategy. also, refer to the biggest risks your company'sstrategy involves.