Question: This assignment requires each group to conduct A ) a Porter' five force analysis of of the entertainment streaming industry ( think Netflix, Amazon Prime
This assignment requires each group to conduct A a Porter' five force analysis of of the "entertainment streaming industry" think Netflix, Amazon Prime Videos, Disney, HBO, Paramount, etc... This is a group assignment, thus, each team only needs one person to submit for the entire group.
Below are the steps in conducting Porters' five force analyses:
Identify clearly the productservice or industry industryboundary and market local domestic, or global
The analysis must be done at industrylevel comparing across industries not firmlevel comparing across firms
Identify competitors. It may be better to focus on a specific strategic group.
Identify supplying industry and customers industry. Draw the industrylevel value chain if necessary.
Evaluate each of the five force low medium or highthreat Provide justifications for your evaluations.
Competitive rivalry: numbers of competitors? Similar products? Market growth?
Potential entry: Any barriers to entry economy of scales? Legal? Etc.
Power of supplierscustomers comparing numbers of supplierscustomers balance of power
Substitute products: growth rate? Would it take over anytime soon?
Evaluate whether the overall industry conditions are favorable! whether we should continue doing business or exit?
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