Question
You have a large sum of money to invest in an entrepreneurial venture. You are investigating possible alternatives on a systematic basis. Using Porters Five
You have a large sum of money to invest in an entrepreneurial venture. You are investigating possible alternatives on a systematic basis. Using Porters Five Competitiveness factors, analyze and draw a conclusion about the relative attractiveness of each of the following industries:
- Computer software design and manufacturing for office applications
- Gasoline service stations
- Franchised boutique coffee shops
- Civilian aircraft design and manufacturing
- Travel planning and booking (agencies)
Which one seems most attractive? Would your answer change if you represented a consortium of investors with serious funding and only two objectives: create a professionally fulfilling challenge for managers of the enterprise and a stable work environment for the employees? What do you think are the three most critical success factors for each alternative?
Here is a helpful link discussing the Porter's five factors:https://www.youtube.com/watch?v=mYF2_FBCvXw
This answer needs to be as detailed as possible using the factor's in your answer. Only about one page is needed. Thank you
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