How do the five competitive forces in Porter’s five forces model affect the average profitability of the industry? For example, in what way might weak forces increase industry profits, and in what way do strong forces reduce industry profits? Identify an industry in which many of the competitors seem to be having financial performance problems. Which of the five forces seem to be strongest?
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How do the five competitive forces in Porter’s five forces model affect the average profitability of the industry? For example, in what way might weak forces increase industry profits, and in what way do strong forces reduce industry profits? Identify an industry in which many of the competitors seem to be having financial performance problems. Which of the five forces seem to be strongest?
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- 1 – According to the I/O model, what should a firm do to earn above-average returns? 2 - What does the resource-based model suggest a firm should do to earn above-average returns? 3 - Why is it important for a firm to study and understand the external environment? 4 - What are the differences between the general environment and the industry environment? Why are these differences important? 5 - How do the five forces of competition in an industry affect its profitability potential? Explain. 6 - Why is it important for a firm to study and understand its internal organization? 7 - What is a business model and how do business models differ from business-level strategies? 8 - How do awareness, motivation, and ability affect the firm’s competitive behavior? 9 - What is corporate-level strategy and why is it important? 10 - What motives might encourage managers to over diversify their firm?Give an overview of the consumer electronics industry. Then, identify and characterize the major players that may be a threat to profits in each of Porter's Five Forces for your selected industry. finally, apply Porter's Five Forces to consumer electronics, and identify and characterize potential players that may form a value net. Consumer Electronics - apply Porter's Five Forces to consumer electronics, and identify and characterize potential players that may form a Value Net.Competitive strategy aims to establish a profitable and sustainable position against the forces that determine industry competition” (Porter, 1985). Evaluate the five basic competitive strategies pursued by organizations in order to create sustainable competitive advantage
- When applying Porter’s Six Forces model to a company we learn a lot about the marketplace and the competition in terms of competitive power and market attractiveness. Identify and briefly explain the competition related threat for a company like A&W. What role do complementors play for a company like A&W? Which force is the most critical to the fast food burger industry?Identify the six forces that shape competition in an industry. Describe how changes in the strength of these forces affect prices, profitability, and under which circumstances each can be considered a threat or opportunity. Why is a competitive analysis using the competitive forces framework a benefit to industry?The pursuit of competitive advantage requires a strategist to discover or build a company’s core competencies which will constitute the vehicle that will drive the implementation of successful strategies. A renowned global consulting firm, McKenzie Consulting Group states that “in order to gain and sustain competitive advantage, an organization should at least possess three core competencies which will form the foundation upon which successful strategies are developed”.Required:a. Briefly distinguish resources from core-competencies
- The pursuit of competitive advantage requires a strategist to discover or build a company’s core competencies which will constitute the vehicle that will drive the implementation of successful strategies. A renowned global consulting firm, McKenzie Consulting Group states that “in order to gain and sustain competitive advantage, an organization should at least possess three core competencies which will form the foundation upon which successful strategies are developed”.A profitable company will make it a point to determine how its competitors are doing business and try to do it better themselves. Benchmarking is one of the most effective tools available to an organization to ensure that these goals are being met. Many organizations use benchmarking as a way to measure organizational performance. What are the pros and cons of this approach? Has this approach always been used as a competitive tool? Provide at least two examples of companies using this type of tool to help them remain competitive within their market.Unilever, the world’s third largest consumer goods company behind Proctor & Gamble and Nestle, is an Anglo-Dutchcompany whose products include foods, beverages, cleaning agents and personal care products. The industry in whichthey operate on is considered to be a maturing industry.Unilever is holding a strategic planning session and has invited you to advise them on the following:3.1 The key characteristics of a maturing industry. 3.2 Strategic options appropriate for them to compete in this industry. 3.3 Potential strategic pitfalls which they may encounter in competing in this industry. i will appreciate a detailed response, subject is Business & Corporate strategy
- In chapter 2, we studied Porter's Five Forces. The textbook describes five competitive strategies (cost leadership, differientiation, growth, innovation, and alliances). Provide a short (2 to 3 sentence) definition for each of the strategies and provide an example of a company that has utilized computer systems to excel in one of these five areas, and how they did it.Drawing on your knowledge of the PESTEL model, analyse the external environment facing Severstal and identify the key external factors which impact on the company 2. Using Porter's Five Forces framework, analyse the attractiveness of the global steel Industry in Severstal which ope Support your analysis with evidence from the Severstal case study. 3.Using Porter's Generic Strategies, analyse the competitive strategy employed by Unilever.Support your analysis with evidence from the Unilever case study. 4. Using the Ansoff's matrix, analyse the direction of growth that Unilever has undertaken to grow their busi Provide recommendations for Unllever's future growth.Identify two current organizations—one organization facing a low-risk competitive environment and one facing a high-risk competitive environment. For each of these organizations, explain why you have evaluated its competitive environment as either low risk or high risk, using strategic planning and analysis concepts (such as Porter's Five Forces Model) For each of these organizations, recommend a pairing of a system design tool and a system operation tool that you believe will work especially well in the competitive environment faced by the organization. Be sure to explain why the tools you have chosen are uniquely suited to the competitive environment faced by that organization.