Industry analysis is a tool thatfacilitates a company's understanding of its position relative toother companies that produce similar products or services.Understanding the forces at work in theoverall industry is an importantcomponent of effective strategic planning.

Conduct an industry analysis of any industry ofyour choice. Analyze to understand the competitive forces thatinfluence the intensity of rivalry within an industry.

Answer rating: 100% (QA)

The retail industry is one of the most competitive in the world and has seen its fair share of changes over the years It is an industry that is constantly evolving as trends technology and customer pr... View the full answer