Discussion questions
Perform an analysis of the social/demographic, technological, economic, environmental/geographic, and political/legal / governmental segments to understand the general environment facing Union Pacific.
Describe how Union Pacific will be affected by each of these external factors.
Use the Internet or the Strayer Library to research the industry of your choice in light of the Five Forces of Competition Model and then answer the following questions:
Analyze the industry you selected using the Five Forces of Competition Model to determine the impact of each of the five forces. Based on your analysis, determine if the industry is attractive or unattractive. Explain your rationale.
Book used for this class is: Strategic Management Concepts and Cases 10th edition By: Michael A. Hitt R. Duane Ireland Robert E. Hoskisson