September 2023 Business Finance Assignment
Industry Review & Analysis:
Each student will thoroughly analyze an industry using Porter’s Five-Forces Model of Industry Competition. The paper should include a thoughtful analysis of the historic, current, and projected performance of the industry using any frameworks, tools, and concepts from well-known scholars and practitioners as a way to assess future performance. At a minimum, the following topics must be covered in the paper: identify major characteristics and trends impacting the industry; including history, lifecycle phases, industry dynamics and size, regulations, mergers, acquisitions, joint ventures, use of technology, economics, profitability, competitive landscape, vulnerability to substitution, etc. Based on your analysis; provide a summary that addresses the major performance issues, constraints, and critical success factors for the industry.
Porter’s Five Forces
1.Competitive Rivalry within an Industry
2.Bargaining Power of Suppliers
3.Bargaining Power of Customers
4.Threat of New Entrants
5.Threat of Substitute ProductsQuestions that should be answered in your paperWhere is it in its lifecycle?What does the competitive landscape look like?Is there an obsolete function in the industry?Is the industry ready for rejuvenation?What would you do if you were the captain of the industry?The complete paper should be about eight pages, contain a table of contents, and cite at least 10 different sources.
7.What problems need solutions?
8.Can technology disrupt the industry?
9.Are there segments, and is there an untapped market?
10.How much emphasis is placed on marketing, operations, and finance?
11.What is the industry, why does it exist, and how long has it existed?