DUE IN 8-10 HOURS!
Note: I need help with the following assignment. The answer must be 100% original and address the complete requirements.
Assignment:
Imagine yourself to be a strategist of a real company. Select the company in an industry of your choice.
A strategist can analyze any industry by rating each competitive force as high, medium or low in strength.
In carefully scanning its industry, a corporation must assess the importance to its success of each of the following six forces. The first five are Porter’s 5 Forces Driving Industry Competition. The last one is added to reflect the power that governments, local communities, and other groups from the task environment wield over industry activities.
In a complete 1-2 pages paper, based on current trends in each of these following competitive forces, analyze the competitive intensity and interpret the results.
- 1. Threat of new entrants
- 2. Rivalry among existing firms
- 3. Threat of substitute products/services
- 4. Bargaining power of buyers
- 5. Bargaining power of suppliers and
- 6. Relative power of other stakeholders
Make sure to cite 2-3 credible references in APA.
