Describe porters approach to industry analysis

Reference no: EM131238036

1. Explain the similarities and differences between Milton Friedman's and Archie Carroll's approaches to the responsibilities of business. Based on these approaches, should businesses be socially responsible in your opinion?

2. Using this link: https://proeunthat.files.wordpress.com/2013/11/concepts-in-strategic-management-business-policy.pdf read case on page 871 "Whole Foods Market 2010: How to grow in an increasingly competitive market?" and answer the following question:

Describe Porter's approach to industry analysis and analyze the case on page 871 using this approach(you may use chart form).

Reference no: EM131238036

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