Research a well-known company that you can easily find information about. What is the main industry that the company competes in? Apply Porter’s five forces model to this industry to determine its potential for profitability?

Question 2: - 

Present an argument for having lower-level managers participate in the company’s strategic planning process. What might happen if they were to have no input?

Question 3: -

 Research two firms in the same industry and perform a competitive SWOT analysis. What type of business-level and functional-level strategies would you recommend for the firms, and why?

Answer rating: 100% (QA)

answer 1 Tesla Inc applies various strategic measures in order to compete effectively with other established brands in the automotive industry Although Tesla is one of the top manufacturers of electri... View the full answer