Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Now that you have reviewed the theories of Michael Porter, this is an opportunity for you to connect these theories to the current environmental factors

Now that you have reviewed the theories of Michael Porter, this is an opportunity for you to connect these theories to the current environmental factors that influence an industry of interest to you.

  • Choose an industry that is of interest to you - try to go beyond what is right in front of you - think of something that you are really interested in - it will make this assignment a whole lot more interesting for you (and for me, because your enthusiasm will shine through)
  • Provide information for each of the questions presented in this chapter pertaining to an environmental analysis in regards to your chosen industry
  • No more than 10 slides
  • Be creative with how you present the information
  • Your presentation should be creative, professional, and interesting to view and listen to
  • Then please submit speaking notes below each slide.

QUESTIONS TO BE ANSWERED IN THE POWERPOINT:

  1. What are the strategically relevant factors in the macro-environment?
  2. How strong are the industry's competitive forces?
  3. Identify the 3 strongest common drivers listed on table 3.3 that most likely contributed to these industry changes, and explain the specifics of these drivers as they relate to this industry
  4. How are industry rivals positioned in the market?
  5. What strategic moves are rivals likely to make next?
  6. What are the industry's key factors?
  7. Is the industry outlook conducive to good profitability?

P.S.table 3.3 is attached below! Please need it done by tonight.

image text in transcribed
Firms in Other Industries Offering Substitute Products Competitive pressures coming from the producers of substitute products Rivalry among Competitive Competing Competitive pressures Sellers pressures Suppliers stemming stemming Buyers from supplier bargaining Competitive pressures from buyer coming from other firms in bargaining power power the industry Competitive pressures coming from the threat of entry of new rivals

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Quantitative Analysis For Management

Authors: Barry Render, Ralph M. Stair, Michael E. Hanna

11th Edition

9780132997621, 132149117, 132997622, 978-0132149112

More Books

Students also viewed these General Management questions