Reference no: EM133515770
1. Choose an industry.
Identify 2-3 different firms within the industry.
Describe each firm's (unique) strategic position within the industry.
Identify "activities that each firm does differently" or "different activities that each firm does" that drive their strategic position.
2. Choose an industry or industry segment.
Give examples of the firms in the industry so we are aware of the industry boundaries.
Provide a brief 5-forces analysis of the industry, which should include a description of whether each force has a low, moderate, or high impact on the industry's profitability and why for each of the 5-forces.
3. Choose a firm.
Describe 1-2 resources that drive the firm's competitive advantage (if the firm has one).
Provide a VRIO analysis.
Give your opinion on whether the resource or resources chosen are a source of competitive parity, temporary competitive advantage, or sustainable competitive advantage.