Question: i need help with tasks 3, 4, and 5 please Question 2 Not yet answered Marked out of 50.00 Flag question Xiaomi, typically known as

i need help with tasks 3, 4, and 5 please i need help with tasks 3, 4, and 5 please
Question 2 Not yet answered Marked out of 50.00 Flag question Xiaomi, typically known as an Asian smartphone manufacturer, has initiated efforts a couple of years to become a major global smartphone vendor. They have recently become the third largest smartphone vendor in the world. Having had success in Asian markets, they want to penetrate Europe by focusing on the UK market. The UK market has a population of 60 million with a 130% penetration rate. The average smartphone price across different segments is 350$. You are required to answer the following questions: Task 1: Analyze the opportunity based on PEST and then on Porter's 5 forces Task 2: Provide an estimated market size (number of phones and yearly revenues) Task 3: Which tool would you use to model the penetration over a few years in the future? Task 4: Which rationale would you adopt to estimate the potential market share in Year 5? Task 5: Which channels to market would you investigate and analyze

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