Question
Competitive & Business Forces Analysis Industry Analysis What causes the industry's competitive structure and business environment to change? From the list below, identify the 4
Competitive & Business Forces Analysis
Industry Analysis
What causes the industry's competitive structure and business environment to change? From the list below, identify the 4 most dominant forces driving change in your industry and assess their impact on the industry. Include for each one of the 4 that you chose, and describe why it will have a significant impact on your industry.
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- Globalization
- Preferences for differentiated
- Technology Change
- Changes in cost & efficiency
Do you expect any of these four to change over the next 2-4 years? If so, list the ones you expect to change and describe how or what you expect to change.
References
https://www.steel.org/industry-data/reports/
https://blog.boydmetals.com/the-past-present-and-future-of-the-american-steel-industry
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