Discussion
Part 1:
"Business Strategy"
Respond to the following:
Read the article titled, "What Killed Michael Porter's Monitor Group? The One Force That Really Matters". Imagine that you are a manger of the organization you work for, or one you are familiar with. Examine the major influences that this article will have on your strategy developing process. Provide a rationale for your response.
From the case study, use the five forces framework to determine the level of competitiveness in the luxury goods industry. Speculate on the likely profit potential of the luxury goods industry, given the opportunities (O) and threats (T) underlying the competitive forces in this industry.
Part 2:
Watch the video(s) and answer the following questions:
Long Version: "Pbs Frontline Inside the Meltdown"
Short Version: "FRONTLINE | Inside the Meltdown | Sneak Peek 1 | PBS"
- The video discusses the Repo Market and Bear Stearns reliance on it. What is the Repo Market, and how was Bear Stearns impacted by it?
- What was the impact of the near failure of Bear Stearns and the failure of Lehman Brothers on Money Markets?
- Do you think those actions were justified? Why?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.