Why is important for firms to analyze industry environment

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Reference no: EM13844781

Why is it important for firms to analyze the industry environment and how is Michael Porter’s five forces model useful as an analytical tool.

Reference no: EM13844781

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Show effect of given transaction on the accounting equation : Using the following tabular analysis, show the effect of each transaction on the accounting equation. Put explanations for changes to Stockholders' Equity in the right-hand margin.

Marking down inventory items : Marking down inventory items that don't sell will result in:

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Why is important for firms to analyze industry environment : Why is it important for firms to analyze the industry environment and how is Michael Porter’s five forces model useful as an analytical tool.

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About evaluating the criticalness of an inventory shortage : When we discuss inventory management, we often emphasise the importance of service level, which is typically defined as a percentage of customer’s demand that is satisfied with inventory. In other words, managers would like to maintain certain servic..

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