This week's forum focuses on using Porter's Five Forces framework to analyze your chosen industry for the final Industry Analysis Paper.

Let's Discuss:

Porter's Five Forces Breakdown: Briefly explain each of the Five Forces $($Threat of New Entrants, Bargaining Power of Suppliers, Bargaining Power of Buyers, Threat of Substitutes, Competitive Rivalry$).$

Decision$-$Making Influence: How do these forces influence a company's strategic decisions? $($e$.$g$.,$ pricing, product development, marketing$)$

Five Forces and Technology: Will technology likely impact the Five Forces? If so$,$ how might technology change the dynamics within each force? $($e$.$g$.,$ online marketplaces affecting supplier power$)$

Industry Structure & Five Forces: How do the Five Forces influence changes in an industry's overall structure $($e$.$g$.,$ fragmentation, consolidation$)?$

Strategic Implications: What are the strategic implications of considering the Five Forces? $($e$.$g$.,$ identifying opportunities, developing competitive advantages$)$

Industry Examples & Sharing:

Refer to the Industry Handbook examples $($Airlines$,$ Banking, etc.$)$ for guidance on analyzing your chosen industry.

Share some specific elements of your industry that you'll be focusing on when applying the Five Forces framework.

This discussion will help us understand and utilize the Five Forces effectively for our Industry Analysis Papers.

Please watch the videos:

$$ The Five Forces that shape the strategies.

Please note this week discussion forum is based on the materials provided in week $7$ folder.