Question: Chosen Industry: Technology & Streaming Platforms e . g: Youtube. As a group, identify two ( 2 ) frameworks for industry analysis that are relevant
Chosen Industry: Technology & Streaming Platforms eg: Youtube.
As a group, identify two frameworks for industry analysis that are relevant to your industry and its competitive strategy development. For example, you could consider:
Casey: basically Pestel looks at forces affecting technology from the outside of an organization Porters looks at internal effects within a company its important to distinguish the two in your answers
PESTEL analysis Macro environment
Political influences: Laws regulations, legislations
Environmental: affects on planet, climate change, raw materials sourced for hardware and effects on climate through production in factories
Social: Social influence on technology, augmented reality causing needed changes to technology, demand etc
Technological: How does other tech affect influence other tech?
Economical: Currency exchange rates inflationinterest trade barriers.
Legal: Consumer law Copyright infringement Fraud
Porters Forces Micro environment
Competitive Rivalry: Streaming platforms in general, Competition to YouTube
Supplier Power: Who supplies streaming platforms and how can they threaten the company
Buyer Power: who buys from streaming platform and how could they threaten the company
Threat of Substitution: what are the direct substitution to YouTube, in what way are they substitutes rather than competition
Threat of New Entry: Examples of new Entries and future entrants how could they be an internal threat to a streaming company
Intro:
PESTEL analysis Macro environment
Political:
Environmental:
Social:
Tecnological:
Economical:
Legal:
Porters Forces Micro environment
Competitive Rivalry:
Supplier Power:
Buyer Power:
Threat of Substitution:
Threat of New Entry:
Conclusion:
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