What strategies can rival companies adopt to reduce pressure


Homework: Strategy Planning- Industry Analysis

To prepare for this homework, review Figures 3.1, 3.2, 3.3, 3.5, and 3.6 from your textbook. Select a Saudi Arabian company, identify the industry in which it competes, and identify its three main competitors. Complete an Industry Analysis by answering the following questions.

• Analyze and predict industry profitability:

o Apply a detailed Porter's Five Forces framework with a graphic representation (Figure 3.3) and written explanation for your selected company in relation to the Five Forces.

o Given the Five Forces analysis outcomes, predict the level of industry profitability expressed as high, intermediate, or low.

• Implications for strategy:

o What strategies can the rival companies adopt to reduce competitive pressure and improve industry profitability?

o Which strategies do you recommend for your company to improve its competitiveness, position, and earnings?

• Identifying Key Success Factors (KSFs)-What are the KSFs of your company?

o See Figure 3.6. Who are the customers and what do they want?

o See Figure 3.6. How does the company survive competition?

o Has your company's KSFs changed over time?

Format your homework according to the following formatting requirements:

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

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

o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.

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