Assignment : Business Policy Section
Select a company from Fortune 500 list and perform the following:
1. Do a five forces analysis for the industry/industries in which the firm operate.
2. List the firm's lines of business and evaluate their business strategy
3. Choose one immediate rival of the company in one of its businesses and do a thorough comparison on the following dimensions: a. number of products or services, strength of the brand name, the strategy used (e.g., low cost vs differentiation), the market share, market capitalization, governance system of the firm.
4. Do a comprehensive analysis of the external environment of the firm and the internal environment of the firm.
5. Develop a strategic plan for one of the company's businesses where you see that they can do better. (be creative, unique, come up with something different that will make you desirable by big firms, be through, understand the business first and its environment and then develop a plan, the plan must incorporate the most important things you have learned about strategy so far from the book, articles, discussions, and videos).