Question: An industry analysis is a business function conducted by business owners and other individuals to assess their respective business environments. Michael Porter's 5 competitive forces

An industry analysis is a business function

An industry analysis is a business function conducted by business owners and other individuals to assess their respective business environments. Michael Porter's 5 competitive forces is one tool, which can be used to conduct an industry analysis. The Assignment: Select a local industry (e.g. banking, fast food retail, baking, etc.) in Jamaica with a focus on one player (firm) within that industry and do the following. The local industry selected is Lasco Distributors Limited. a. Give details of the existence of substitute products that are available to the market

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