Question
The video shows the luxury eyewear company, Luxoticca, which has monopolized the eyewear industry by acquiring distributors and competitors and building strong relations with suppliers.
The video shows the luxury eyewear company, "Luxoticca", which has monopolized the eyewear industry by acquiring distributors and competitors and building strong relations with suppliers. Assume that you plan to enter the industry as a new entrant. First choose your strategy among the following three: reshaping industry structure, exploiting changes, or finding a new position in the luxury eyewear market. Discuss your strategic choice with less than 300 words. Please refer to the Porter's article "five forces that shape strategy" to understand more about the three strategies.
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