Question
An interactive tool that can help you assess the five forces for any industry. Using this tool and Internet research, analyze the five forces in
An interactive tool that can help you assess the five forces for any industry. Using this tool and Internet research, analyze the five forces in the high-end car manufacturing industry (such as BMW, Mercedes, Infiniti, Porsche, etc.) to identify how each of Porters Five Forces affects the level of competitive intensity in the industry. If you follow the questions in this interactive tool for each force in your analysis, it will help to direct your discussion and draw conclusions. Use APA formatting for any external research. You should provide at least one outside source of information in your analysis. Required:
- Complete the following chart to summarize the strength of each force and provide recommendations to luxury car companies to reduce the effect of the force. (10 marks)
Competitive Force | Strength 1= weak 2= moderately weak 3=moderate 4=moderately strong 5=strong | Suggestions to Help Mitigate Force |
Threat of New Entrants |
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Power of Buyers |
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Power of Suppliers |
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Power of Substitutes |
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Internal Rivalry |
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