Which force has the greatest influence on an industry

Assignment Help Strategic Management

Reference no: EM133725818

Homework: Strategic Management- Value Chain Analysis

Learning Outcomes

A. Recognize the basic concepts and terminology used in Strategic Management.

B. Describe the different issues related to environmental scanning, strategy formulation, and strategy implementation in diversified organizations.

C. Demonstrate how executive leadership is an important part of strategic management.

D. Communicate issues, results, and recommendations coherently and effectively regarding appropriate strategies for different situations.

Task

Discuss the following questions:

A. How can value-chain analysis help identify a company's strengths and weaknesses?

B. According to Porter, what determines the level of competitive intensity in an industry? Of Porter's Five Forces, which force has the greatest influence on whether an industry would be profitable? Why? Give examples for the local market.

C. When does a corporation need a board of directors? Distinguish between the roles of the board of directors, shareholders, top manager, and CEO. What is the relationship between corporate governance and social responsibility?

D. Briefly explain the statement, "Settling accounting standards is a political process".

Reference no: EM133725818

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