Homework: Strategy Planning- Critical Thinking- Industry Analysis
Length: 6 to 7 pages.
Text Book: Foundations of Strategy by Robert M. Grant and Judith Jordan.
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.
A. Analyze and predict industry profitability:
a. 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.
b. Given the Five Forces analysis outcomes, predict the level of industry profitability expressed as high, intermediate, or low.
B. Implications for strategy:
a. What strategies can the rival companies adopt to reduce competitive pressure and improve industry profitability?
b. Which strategies do you recommend for your company to improve its competitiveness, position, and earnings?
C. Identifying Key Success Factors (KSFs)-What are the KSFs of your company?
a. See Figure 3.6. Who are the customers and what do they want?
b. See Figure 3.6. How does the company survive competition?
c. Has your company's KSFs changed over time?
Format your homework according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.