Question: Question - 1 Explain the FIVE basic forces that influence an organization's industrial competitiveness? Using the five forces framework, evaluate a competitive environment of your

Question-1
Explain the FIVE basic forces that influence an organization's industrial competitiveness? Using the five forces framework, evaluate a competitive environment of your choice.
[25 marks]
Question 2
a.) List the Environmental factors that can affect an organisation's Strategy.
[15 marks]
b.) Using these factors in question (a), how would you analyse Competitive Environment?
[10 marks]
Question 3
Briefly define PESTEL and use Hong Kong as an example to analysis its PESTEL from a business perspective.
[25 marks]
Question 4
"In the 'maturity stage' of Product life cycle the market becomes saturated, price competition intensifies, and the rate of sales growth slows down." Comment this statement and suggest strategic choices in such a stage of the Product Life Cycle (PLC).
[25 marks]
Question 5
a) What is meant by the term "sources of law" and what are the sources of law for people in common law countries such as England?
[15 marks]
b.) Briefly describe the system of Courts in Hong Kong.
[10 marks]
END -
 Question-1 Explain the FIVE basic forces that influence an organization's industrial

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