Strategy management course. Answer question number 2 based on the previous given answer for number 1.

LEARNING EXERCISE 1. Prepare a brief analysis of the local industry using the information provided on industry trade association Websites. On the basis of information provided on these Websites, draw a five-forces diagram for the industry and briefly discuss the nature and strength of each of the five competitive forces. What factors are driving change in the industry? 2. Try to draw a strategic group map of the industry based on the information you collected. Which strategic group is competition the strongest? Which company/strategic group faces the weakest competition from members of other strategic groups? 3.Describe the key success factors for the industry. Your list should contain no more than six industry KSFs. In deciding on your list, it is important to distinguish between factors critical for success of any firm in the industry and factors that pertain only to specific companies. y en LEARNING EXERCISE 1. Prepare a brief analysis of the local industry using the information provided on industry trade association Websites. On the basis of information provided on these Websites, draw a five-forces diagram for the industry and briefly discuss the nature and strength of each of the five competitive forces. What factors are driving change in the industry? 2. Try to draw a strategic group map of the industry based on the information you collected. Which strategic group is competition the strongest? Which company/strategic group faces the weakest competition from members of other strategic groups? 3.Describe the key success factors for the industry. Your list should contain no more than six industry KSFs. In deciding on your list, it is important to distinguish between factors critical for success of any firm in the industry and factors that pertain only to specific companies. y en