To discuss the Porter Five Forces Model.

Assignment: Write a two paragraph (or more) analysis of the following question What are the competitive dynamics of your industry? Can you discuss the external environment within the context of your companys industry and macroeconomic environment? Use the Porter Five Forces model to describe the characteristics of your companys external environment. It is important that you describe a real, specific example. You can use your companys situation for this analysis. If you are not currently employed, you may describe a former employer or company. If security concerns preclude discussion of your current or former company, an example from the business press is acceptable.

References

Gamble, J., Peteraf, M., & Thompson, A. (2021). Essentials of Strategic Management, 7^th Edition. NY, NY: McGraw-Hill.

Porter, M. (2008, January). The Five Competitive Forces that Shape Strategy. Harvard Business Review. Retrieved at hbr.org.