Undertake a Porter ‘Five Forces Analysis’ for

Undertake a Porter ‘Five Forces Analysis’ for an industry of your choice (1000 words). 


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Here you are supposed to undertake porter‘s “Five forces analysis” for any industry. Evaluate the outside-in approach to strategy formulation. Also enlist important forces for organization in industry. Further details are asked to give an introduction and detailed five forces framework to the chosen industry using relevant terms. Provide demonstration of other relevant theories though the quality of application. Also provide balanced and critical evaluation of the outside in approach.

Strategic Management Assignment Brief

 

Assignment: Strategy from the Outside-In

 

  • Undertake a Porter ‘Five Forces Analysis’ for an industry of your choice (1000 words). 

  • Strategically, which are the most important forces for organisations in this industry to consider, and why? (500 words) 

  • Critically evaluate the outside-in approach to strategy formulation (1500 words)

 

Assignment Further Guidance Assignment

The assignment should:

  1. Provide an introduction to the chosen industry (including relevant core characteristics such as location, size, spread, etc.). 

  2. Provide a detailed application of the five forces framework to the chosen industry, using appropriate and relevant terminology. 

  3. Demonstrate a clear understanding of the five forces framework and any other relevant theories, tools and frameworks, as evidenced through the quality of application and discussion. 

  4. Produce a balanced and critical evaluation of the outside-in approach to strategy formulation, drawing on a wide-ranging literature. Note that this evaluation should not be restricted to the work of Porter but to the broader notion of strategy as an outside-in process. 


 

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