Glo-bus Camera Company

1.After viewing Table 3.1 The Six Components of the Macro-Environment, which factors are most relevant to your company's industry and why? 2. Describe which of Porter's five competitive forces (See Figure 33 in the textbook for guidance) is generating the strongest competitive pressures for your company? Explain your choices 3. After viewing Table 3.2 Common "Weapons for Competing with Rivals, rank the top, up to three, competitive weapons your rivals might you use aga your company to gain sales and market share. Explain your choices FIGURE 3.3 The Five Forces Model of Competition: A Key Analytic Tool Firms in Other Industries Offering Substitute Products Competitive pressures coming from the producers of substitute products Rivalry among Competing Sellers Suppliers Competitive pressures coming from other firms in the industry Competitive pressures coming from the threat of entry of new rivals Potential New Entrants Competitive pressures stemming from supplier bargaining power Competitive pressures stemming from buyer bargaining power Buyers RE 3.1 From Analyzing the Company's Situation to Choosing a Strategy Analyzing the company's external environment Form a strategic Identify promising Select the best strategy and vision of where the strategic options business company for the model needs to company for the head company Analyzing the company's internal environment URE 3.2 The Components of a Company's Macro-Environment MACRO-ENVIRONMENT Economic Conditions Immediate Industry and Competitive Environment Political Factors Suppliers Producers of Substitute Products Rival Firms Buyers Legal/ Regulatory Factors COMPANY New Entrants Environmental Forces Sociocultural Forces Technological Factors teet Aurange weng 1. After viewing Table 3.1 The Six Components of the Macro-Environment, which factors are most relevant to your company's industry and why? 2. Describe which of Porter's five competitive forces (See Figure 3.3 in the textbook for guidance) is generating the strongest competitive pressures for your company? Explain your choices. 3. After viewing Table 3.2 Common "Weapons for Competing with Rivals," rank the top, up to three, competitive weapons your rivals might you use against your company to gain sales and market share. Explain your choices