Examining Porter's Five Forces is a tool for looking at the pressure on profits Specifically,how does Porter's analysis examine the stress on profits from all directions and all dimensions of a firm's environment You will be applying this tool by specifically looking at the market structure in which a firm completes You will need to be ableto distinguishan oligopoly from a monopolistic competitive market structure Instructions There are two groups of firms below Group 1 firms in the retail sector (e g Amazon Wal Mart Target Kohl's Sears Macy's) Group 2 firms in the wireless services industry (e g Verizon AT T Sprint T Mobile) (this about telecommunication services, not about the sale of phones) For each group determine and explain if the group is monopolistic competitive or an oligopoly You need to specify for both in which market structure the firms operate Then choose one of the firms from one group Using Porter's analysis what is the threat to profitability Do not rely on Wikipedia, Investopedia, or any similar website as a reference

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Examining Porter's Five Forces is a tool for looking at the pressure on profits.Specifically,how does Porter's analysis examine the stress on profits from all directions

Examining Porter's Five Forces is a tool for looking at the pressure on profits.Specifically,how does Porter's analysis examine the stress on profits from all directions and all dimensions of a firm's environment?You will be applying this tool by specifically looking at the market structure in which a firm completes.You will need to be ableto distinguishan oligopoly from a monopolistic competitive market structure.

Instructions:

There are two groups of firms below.

Group 1: firms in the retail sector (e.g. Amazon; Wal-Mart; Target; Kohl's; Sears; Macy's)
Group 2: firms in the wireless services industry (e.g. Verizon; AT & T; Sprint/T-Mobile) (this about telecommunication services, not about the sale of phones)

For each group determine and explain if the group is monopolistic competitive or an oligopoly. You need to specify for both in which market structure the firms operate.

Then choose one of the firms from one group.Using Porter's analysis what is the threat to profitability?Do not rely on Wikipedia, Investopedia, or any similar website as a reference.