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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:

  1. 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

Power of Buyers

Power of Suppliers

Power of Substitutes

Internal Rivalry

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