For Week $3,$ students will delve deeper into comparing and contrasting three major strategic frameworks: SWOT, Porter$$s Five Forces $($P$5$F$),$ and PESTLE. By selecting a specific industry and a prominent company within that industry, students will critically assess which of these frameworks best applies to the company$$s current competitive situation and the overall industry rivalry.

Questions for Discussion:

Framework Suitability:

Identify the industry and company you have chosen. Describe the company$$s current market position and competitive environment. Which of the three frameworks $($SWOT$,$ P$5$F$,$ or PESTLE$)$ do you find most relevant for analyzing the company$$s strategic position? Why?

Framework Application:

Apply the selected framework thoroughly to the company. What insights does the framework provide about the company$$s strengths and weaknesses or its external threats and opportunities?

Comparative Analysis:

Contrast the selected framework with the other two frameworks. What unique perspectives does the chosen framework offer that the others do not? Are there aspects of the company's strategic situation that the other frameworks might illuminate better?

Strategic Recommendations:

Based on your analysis, suggest strategic actions for the company. How can the company leverage its strengths or address its weaknesses? What strategic moves should it consider to enhance its competitive position in the industry?

Framework Limitations:

Discuss any limitations of the chosen framework in providing a complete analysis of the company$$s strategic situation. Are there critical elements of the company$$s environment that the framework fails to capture?