industry and consider how the industry life cycle has affected business strategy for the firms in that industry over time. Detail your answer based on each stage: introduction, growth, shakeout, maturity, and decline.
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- Select an industry and consider how the industry life cycle has affected business strategy for the firms in that industry over time. Detail your answer based on each stage: introduction, growth, shakeout, maturity, and decline.
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- Select an industry and consider how the life cycle of the industry has affected the company's business strategy in that industry over time. In your answer, address each phase: introduction, growth, shakeout, maturity, and decline.Choose an industry and a firm within that industry (which can be real or imaginary, but should not be one of the examples from the industry life cycle stages discussion in the PPTs). Using our explanation of what happens in each of the industry life cycle stages, describe one specific thing the firm would need to do to avoid going out of business during the “shakeout” stage and one thing the firm should do after that stage but not before it.The selected Industry here is the retail industry. (ALDI) Conduct research to find articles or academic sources that explain the competitive forces driving your selected industry. List and explain at least 3 competitive forces, including global forces if applicable. Additionally, select a specific corporation (ALDI) within your chosen industry and explain whether the competitive forces you identified for the industry apply specifically to your chosen corporation. Be sure to post at least 2 references in support of your explanations and conclusions.
- In brief short answers less than 200 words, answer the following: 3. Industry Roles: Pick an industry. Classify firms according to the four different roles they might play leader, challenger, follower, and nicher. How would you characterize the nature of competition? Do the firms follow the principles?the industry is Disney entertainment. Thinking about one of the competitors in your industry, please analyze the competitive landscape for that company. In your analysis, you will want to consider the following topics/questions: How many competitors existed in this industry at the beginning of your chosen time period? How many competitors existed at the end of the time period? What happened to cause this change? What is the concentration ratio at the beginning and the end of the period? What is the level of market power for each competitor? How does it change during this period? Why? Ultimately, what market structure do you believe this industry to be and why? You must analyze this real-world industry in relation to the characteristics of market structures to make this determination. Again, has this changed from the beginning to the end of the time period? Why? What caused the changes?The industry environment plays a critical role in the profitability of a company. Hence, companies are to critically examine an industry towards ascertaining how its strategies success could be influenced by the industry factors. With the aid of a diagram, conduct an industry analysis of the carbonated drink industry assuming you are the business strategist working for NESTLE Milo Ghana Limited.
- Business Strategic Management How do the five forces of competition in an industry affect its profitability potential?Industry life-cycle can be explored from several levels- from the life cycle of an entire industry to the life cycle of a single model of a product or service. Critically discuss how each stage of the industry life cycle can play a role in decisions that managers must make at the business level. Discuss the key success factors/strategies for each stage? Provide an example for each stageHow can a company identify and respond to emerging trends and disruptions in its industry through strategic foresight?"
- Provide a brief description of the company’s business, major products, markets, industry sector, founding year. -> British American Tobacco (LSE:BATS)Analyze the industry Nike competes in using Porter's 5-Forces framework. Clearly define the industry that Nike operates in. Identify whether the force is high, moderate, or low for each force. Explain your rationale for each force. Using the conclusions of each force, suggest whether the industry is attractive (i.e., profitable) or not. Explain your rationale.Which strategy or strategies will be applicable for a declining industry