You have been conducting research on your chosen company from the World’s Most Admired Companies, Fortune 2021 list (also attached to this assignment). FOR THIS SECOND ROUND OF REFLECTION AND APPLICATION, PLEASE ANSWER THE RELATED QUESTIONS BELOW FROM CHAPTERS 3 AND 4 :
CHAPTER 3
What external conditions are affecting the company the company of your choice? Mention 3 specific external factors that may impact or influence the company’s long-term strategic direction.
In what industry or industries does your company of choice operate?
Pick only one industry in which your company operates and evaluate this industry. What competitive forces do industry members face, and how strong are they? (Hint: Use the Porter’s five forces model to determine the nature and strength of competitive pressures in the company’s industry). From your analysis, do you think the industry is attractive overall?
What market positions do industry rivals occupy; who is strongly positioned and who is not? What is the market share of your choice company?
What are the key factors for competitive success (KSFs) in your company’s industry? List at least 3.
What emerging market opportunities can your company take advantage of? Identify at least 2 opportunities. What external threats does your company face? Identify at least 2 threats.
CHAPTER 4
Consider your company of choice; Do you think the company’s present strategy is working? How well is the firm’s present strategy working?
What are your company’s strengths? List at least 3. What are the weaknesses of your company? List at least 3. Conduct a SWOT analysis of your company.
Can you describe your company’s value chain? Identify at least 2 primary activities and at least 1 supporting activity through which the company provides value to customers?
Overall, do you think the firm is competitively stronger or weaker than Its key rivals? Please conduct a Competitive Strength Assessment of your company with two of its rivals in the same industry.
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I also attacthed the first assignemnt to help you follow the same guidelines and information