the chinese fireworks industry five forces model case This assignment requires you to $1)$ apply the Five Forces model, using the

attached Excel spreadsheet template to score the attractiveness of the

Chinese fireworks industry $2)$ post only the Summary spreadsheet to the

Discussion Board as an attachment $3)$ answer the two questions listed

below, including $2$ peer comments, on the Discussion Board

The basic approach is to use the template as you read the case, or shortly

afterwards, and mark a $"1"$ in the box $-$ Yes, Medium $($neither yes or no$)$ or

No $-$ that is most appropriate for the question listed. You'll notice

textbook concepts are aligned with the questions listed in the template.

An example $($with the correct answer already marked$)$ is shown in the

Threats of Entrants section, on the first line $-$ Economies of Scale factor.

The example question is $-"$Do large firms have a cost advantage in your

segment of the industry?"

In this case, the answer is $"$No$",$ so this is marked with a $"1"$ in the $"$No$"$

box.

Since large firms do not have a cost advantage over new, small firms, this

is unfavorable to the industry because it encourages new, small firms to

enter, making a high threat of new entrants and causing conditions to be

unfavorable to the attractiveness $($profitability$)$ of the industry.

The same process is used for questions in each of the five sections,

placing a $"1"$ in the appropriate column $-$ Yes, Medium, or No$.$ The

spreadsheet automatically sums each column in each section and it

provides a scoring checklist which enables you to see whether there are

more favorable, or more unfavorable, factors to the industry in the

different sections.

To complete the homework assignment, follow these steps:

Click on the Spreadsheet template to download it

MGMT $4900-$ Dec. $21$ Student Chinese Fireworks Template.xlsx

Read the case, and fill in the $5$ different sections with $"1$ s $"$ in the

appropriate boxes

Fill in the Overall Summary info and Save the total SpreadsheetThe example question is $-"$Do large firms have a cost advantage in your

segment of the industry?"

In this case, the answer is $"$No$",$ so this is marked with a $"1"$ in the $"$No$"$

box.

Since large firms do not have a cost advantage over new, small firms, this

is unfavorable to the industry because it encourages new, small firms to

enter, making a high threat of new entrants and causing conditions to be

unfavorable to the attractiveness $($profitability$)$ of the industry.

The same process is used for questions in each of the five sections,

placing a $"1"$ in the appropriate column $-$ Yes, Medium, or No$.$ The

spreadsheet automatically sums each column in each section and it

provides a scoring checklist which enables you to see whether there are

more favorable, or more unfavorable, factors to the industry in the

different sections.

To complete the homework assignment, follow these steps:

Click on the Spreadsheet template to download it

MGMT $4900-$ Dec. $21$ Student Chinese Fireworks Template.xlsx

Read the case, and fill in the $5$ different sections with $"1$ s $"$ in the

appropriate boxes

Fill in the Overall Summary info and Save the total Spreadsheet

Then, cut and paste only the Summary Section into another

Spreadsheet and Save it as the Summary Spreadsheet

Post only the Summary Spreadsheet the Discussion Board as an

attachment.

Post your answers for the two questions below, along with peer

comments, to the Discussion Board.

a$.$ Overall, based on your analysis, is this industry favorable $($attractive$)$ or

unfavorable $($unattractive$)?$

b$.$ If you were Jerry Yu and you invested in this industry, what would you

do to succeed?