Question: Submit a 3 page analysis of the influence of market selection in business strategy development. Your analysis should address the following:
- What is the intensity of rivalry-high, medium, or low-within the smartphone manufacturing industry? Explain your answer using the Rivalry Strategy Tool.
- What is the intensity of supplier power-high, medium, or low-within the smartphone industry? Explain your answer using the Rivalry Strategy Tool.
- What is the importance of correctly identifying and choosing a firm's industries and markets? Justify your answer with at least one example.
- How does accounting for gaining and sustaining competitive advantage impact the success of business strategy development? Explain.
Note: Be sure to use the APA Course Paper Template (6th ed.), found in this week's Learning Resources, to complete this Assignment. Also, refer to the Week 3 Assignment Rubric for specific grading elements and criteria. Your Instructor will use this rubric to assess your work. Please Note: For each page of your paper, you must include a minimum of two APA-formatted scholarly citations.