What degree of bargaining power do the buyers have


Assignment

So this is one of those classes that each week you add to , so I am sending you what they show for Unit 1 IP this way you can see what is needed for the whole paper . Each week we add the next week paper to it and turn in ...I will send in each week as a new paper , nonetheless it will need to be added to the last . Each week should be 3 to 4 pages the 5 IP will be the key assignment with all the weeks together.

The company that you are working for is considering buying another smaller firm. However, there is some business analysis needed for your company to make its final decision about purchasing. Throughout this course, you will be working on creating the Business Strategy and Management Plan.

Keep in mind that the final Business Strategy and Management Plan template should contain the following elements:

• Title page
• Course number and name
• Project name
• Your name
• Date
• Table of contents

o Auto-generated
o Up-to-date
o Maximum of 3 levels deep

• Section headings

You will add a section to your Business Strategy and Management Plan and submit it for grading.

You will make a qualitative evaluation of the industry's strategic position using Porter's five forces. (Note that the summaries below for Weeks 2-5 do not need to be completed. Just create the section headings at this time). As a preview, each section will contain the following subsections:

• Qualitative Evaluation of the Industry's Strategic Position.

o Choose an aspect of the information technology (IT) industry that has not been previously used as an example in this course. Use Porter's five forces to make a qualitative evaluation of the industry's strategic position. Be sure to explain each of the five forces as well as explain how they relate to your chosen industry.

- Note: The mobile phone industry was provided as an example in the video material and may not be used as the subject for this assignment.

o Remember to include the following elements (Porter's five forces):

- Threat of new entrants: Are new entrants being attracted to the market, and are there barriers to entry in the industry?

- Threat of substitute products or services: Are there other products that could be alternatives to offerings in the chosen industry?

- Bargaining power of customers: What degree of bargaining power do the buyers have in terms of putting the industry under pressure to provide more products or less cost?

- Bargaining power of suppliers: What is the importance of raw materials, components, labor, and services that are required for the industry, and are there substitutes for those inputs? Discuss the possibility of switching suppliers, if necessary.

- Intensity of competitive rivalry: Does the industry have a sustainable competitive advantage?

• Strategic Information Systems Assessment

o Analyze the strengths, weaknesses, opportunities, and threats for the case study organization that are related to its present information systems environment.

o Assess the forces that are presently governing competition for the case study organization.

o Using Wiseman's framework of strategy development, define the strategic thrusts (and related advantages) that the case study organization should use to build a business case for implementing an information systems management plan.

• Information Systems Business Case (Week 3 IP)

o Based on the information contained in the Business Systems Plan and the Strategic Information Systems Assessment, write an IT strategy statement that details the following:

- Critical success factors for the IT manager

- A general strategy for how the IT department will determine congruence between the goals of the IT department and the goals and objectives of the case study organization

- A general strategy for how the IT department will support the goals and objectives of the case study organization

• Strategic Business Plan

o Executive summary
o Marketing analysis

- You should identify a target market.

- You should establish a strategy for acquiring a customer base.

o Strengths, Weaknesses, Opportunities, and Threats (SWOT) analysis
o Financial statements
o Summary of the relevance of Porter's five factors
o Conclusion

• Project Management Plan

o Initiating
o Planning
o Executing
o Monitoring and Controlling
o Closing

Task

Choose an aspect of the IT industry that has not been previously used as an example in this course.

Note: The mobile phone industry was provided as an example in the video material and may not be used as the subject for this assignment.

Use Porter's five forces to make a qualitative evaluation of the industry's strategic position. Be sure to explain each of the five forces as well as explain how they relate to your chosen industry.

Remember to include the following elements (Porter's five forces):

• Threat of new entrants: Are new entrants being attracted to the market, and are there barriers to entry in the industry?

• Threat of substitute products or services: Are there other products that could be alternatives to offerings in the chosen industry?

• Bargaining power of customers: What degree of bargaining power do the buyers have in terms of putting the industry under pressure to provide more product or less cost?

• Bargaining power of suppliers: What is the importance of raw materials, components, labor, and services that are required for the industry, and are there substitutes for those inputs? Discuss the possibility of switching suppliers, if necessary.

• Intensity of competitive rivalry: Does the industry have a sustainable competitive advantage?

Format your assignment according to the following formatting requirements:

1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.

3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.

Request for Solution File

Ask an Expert for Answer!!
Business Management: What degree of bargaining power do the buyers have
Reference No:- TGS02969756

Expected delivery within 24 Hours