Submita 3 to 5-page analysis of the influence of market selection in business strategy development. Your analysis should address the following:

• What is the intensity of rivalryhigh, medium, or lowwithin theindustry? Explain your answer using the Rivalry Strategy Tool.
• What is the intensity of supplier powerhigh, medium, or lowwithin theindustry? Explain your answer using the Rivalry Strategy Tool.
• What is the importance of correctly identifying and choosing a firm's industries and markets? Justify your answer with at least one example.
• How does accounting for gaining and sustaining competitive advantage impact the success of business strategy development? Explain.