This assignment requires you to answer these questions on Case 33- Snap-On-Tools: A Victim of Its Own Success(2013). I want you to consider these questions according to the year of 2013.

What forces drive industry competition? Are these forces the same globally or do they vary from country to country? Rate each force as high, medium, or low.

a. Threat of new entrants

b. Bargaining power of buyers

c. Threat of substitute products or services

d. Bargaining power of suppliers

e. Rivalry among competing firms

f. Relative power of unions, governments, special interest groups, etc.

2. What key factors in the immediate environment (that is, customers, competitors, suppliers, creditors, labor unions, governments, trade associations, interest groups, local communities, and shareholders) are currently affecting the corporation? Which are current or future threats? Opportunities?