What are the primary factors that shape competition in an industry, according to Porter’s model? In your opinion, which of these factors will have the greatest impact on industry prices and profits?
Answer to relevant QuestionsHow are tangible and intangible resources related to a venture’s capabilities? How are capabilities linked to core competencies? What is the connection between core competencies and competitive advantage?1. How would you classify Lugar’s startup idea? Is it a new market idea, new technology idea, or new benefit idea?2. What was the source of Lugar’s startup idea?3. Would you recommend that he give this startup concept a ...Identify and describe at least four of the key terms in franchising.1. If Siler Chapman had so much trouble running three restaurants as an independent owner, why do you think he was able to manage so many more as a franchisee?\2. From a franchisor’s perspective, why might you choose to ...Assume that you are an ambitious, nonfamily manager in a family firm and that one of your peers is the son or daughter of the founder. What, if anything, would keep you interested in pursuing a career with this company?
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