Considering the five forces of competition


Assignment : External and Internal Environments

1.Choose the two segments of the general environment that would rank highest in theirinfluence on the corporation you chose. Assess how these segments affect the corporation youchose and the industry in which it operates.

2. Considering the five forces of competition, choose the two that you estimate are the mostsignificant for the corporation you chose. Evaluate how well the company has addressed thesetwo forces in the recent past.

3. With the same two forces in mind, predict what the company might do to improve its ability toaddress these forces in the near future.

4. Assess the external threats affecting this corporation and the opportunities available to thecorporation. Give your opinions on how the corporation should deal with the most serious threatand the greatest opportunity. Justify your answer.

5. Give your opinion on the corporation's greatest strengths and most significant weaknesses.

Choose the strategy or tactic the corporation should select to take maximum advantage of itsstrengths, and the strategy or tactic the corporation should select to fix its most significantweakness. Justify your choices.

6. Determine the company's resources, capabilities, and core competencies.

7. Analyze the company's value chain to determine where they can create using the resources,capabilities, and core competencies discussed above.

 

 

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Microeconomics: Considering the five forces of competition
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