Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Project Description . Porter's Five Forces is an easy framework to understand and offers learners a quick way to analyze the relative attractiveness of an

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Project Description . Porter's Five Forces is an easy framework to understand and offers learners a quick way to analyze the relative attractiveness of an industry. Porter's Five Forces Framework serves as a tool for analyzing competition of a business. It examines five forces that determine competitive intensity and, therefore, the attractiveness (or lack of it) of an industry in terms of its profitability. Porter's Five Forces is also reinforced throughout the text (and blackboard) and it is important that you have a solid understanding of each force. For this project, choose an industry you are considering to perform a Porter's Five Forces analysis on. I . You can select one of the industries below or any other industry you like and deem relevant to class or the current event topics we discuss in class. You should consider the industry from the perspective of a potential new entrant of a product or a potential new service provider for example, if you are considering the local transportation Industry in Manhattan you can examine the 5 forces model from the perspective of a new entrant similar or different than existing transportation providers. You should write from the perspective of a hired consultant by an investor who is considering entry in the industry with a new business. Make mention of the particular industry and the fictitious new company. Each of the 5 forces should be a separate paragraph or bullets. Feel free to insert relevant pictures or diagrams. This project is typically 1 or 2 pages. 0 . Potential Industries and Companies : products/services" Tablet/Laptop Computing PC Market: Laptop Computer and Desktop Computer Mobiles: iPhone (Apple) /Droid (LG or Xiaomi or Samsung or Huawei) Beverages: Coca-Cola, Pepsi Geospatial: GPS Device and a printed Road Atlas Publishing: Digital Books and Printed Books Electronic Payments: PayPal/Venmo, Google Wallet, Xoom, Cryptocurrencies, ... Collaboration software: Microsoft Teams, Zoom, WebEx, Google Meet, BlueJeans, Slack Transportation/Livery: Taxi , Uber, Lyft, Citibike, scooters , autonomous/self-driving cars ... Hotel: Airbnb, Marriott ... $ You will choose an industry and any fictitious company name you like Bargaining Power of Suppliers Threat of New Entrants Industry Rivalry Threat of Substitutes Bargaining Power of Buyers

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

Step: 3

blur-text-image

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

Excel As Your Database

Authors: Paul Cornell

1st Edition

1590597516, 978-1590597514

More Books

Students also viewed these Databases questions