What kinds of changes in the competitive environment occur when an industry begins to mature? Identify three strategic approaches that are well-suited for this type of industry environment.
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What kinds of changes in the competitive environment occur when an industry begins to mature? Identify three strategic approaches that are well-suited for this type of industry environment.
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- When does a firm have a competitive advantage over its rivals?How are internal factors different from external factors in a firms competitive environment?Explain the difference between policies on external competitiveness from policies on internal alignment. Why is external competitiveness so important? What factors shape an organization's external competitiveness?
- 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?how to increase market share in a highly competitive industry? what are the challenges and what strategy should be followed?How can we assess the competitive landscape and identify potential competitors and market trends?
- How can a firm best achieve sustained competitive advantage?The Five Forces model of business strategy identifies threat of substitutes, threat of entry, power of buyers, power of suppliers, and the intensity of rivalry as the determinants of sustainable incumbent profitability in a particular industry. Discuss each of the Five Forces and provide relevant examples to support your answers.Provide brief complete analysis of different levels of diversification that a firm can pursue by using different corporate-level strategies. What are the three reasons firms choose to diversify their operations? Give industry examples
- how can you assess whether a company's resources and capabilities can support a sustainable competitive advantage over market rivals ?In examining the competitive dynamics within an industry, we discussed the need to first ascertain “the extent to which a company is a strong competitor” and the three (3) drivers of competitive behaviour. You are required to explain the two elements or basis used to determine the extent of competition from another company in the same industry and further explain the three (3)) drivers of competitive behaviour.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?