Industry Analysis
This module continues the exp
Critical Thinking Assignment
Industry Analysis
This module continues the exploration of industry analysis and strategy. We will be looking at tools and models for conducting analysis, including the EFE matrix, Porter’s five forces (along with a discussion of the sixth force), and SWOT analysis. Furthermore, you will pick an international company of your choice, identify its industry, and then apply the use of analytic tools to conduct an industry analysis.
Question Requirements:
Industry Analysis
In the business world, critical thinking is essential for analyzing industries in relation to profit, competitive advantage, and attractiveness. In this assignment, we will assess the strength and practicality of industry analytic frameworks and use them to analyze an industry.
To analyze an industry, we can use various frameworks, such as the Porter’s Five Forces Model, SWOT Analysis, and PESTEL Analysis. These frameworks help us understand the industry’s competitive landscape, opportunities, and threats.
Evaluate Porter’s Five Forces Model, SWOT Analysis, and PESTEL Analysis
Detail what each of these frameworks evaluates.
Assess the Strength and Practicality of each Framework
Assess the Weakness and Impracticality of each Framework.
Do any of these provide a complete picture of an industry? Why or why not?
Explain how you would get a comprehensive analysis of an industry?
Your well-written paper should meet the following requirements:
Be 5 pages in length, which does not include the required title and reference pages, which are never a part of the content minimum requirements.
Use Saudi Electronic University academic writing standards and APA style guidelines.
Support your submission with course material concepts, principles, and theories from the textbook and at least two scholarly, peer-reviewed journal articles unless the assignment calls for more.
Review the grading rubric to see how you will be graded for this assignment.
Learning Outcomes
Analyze an industry in relation to profit, competitive advantage, and attractiveness.
Assess the strength and practicality of industry analytic frameworks.
Readings
Required:
Chapters 3 Industry Analysis: The Fundamentals & 4 Further Topics in Industry and Competitive Analysis in Contemporary Strategy Analysis
Chapters 3 and 4 PowerPoint slides in Contemporary Strategy Analysis
Isabelle, D., Horak, K., McKinnon, S., & Palumbo, C. (2020). Is Porter’s Five Forces Framework still relevant? A study of the capital/labour intensity continuum via mining and IT industries. Technology Innovation Management Review, 10(6), 28–41. https://doi.org/10.22215/timreview/1366.
Recommended:
Javid, M., Hasanov, F. J., Bollino, C. A., & Galeotti, M. (2022). Sectoral investment analysis for Saudi Arabia. Applied Economics, 1–15. https://doi.org/10.1080/00036846.2022.2030856 https://www.tandfonline.com/doi/full/10.1080/00036846.2022.2030856