Hypercompetition and Global Competition

1-Global Competition

How does the global economy impact a business you know about?

2- Hypercompetition

Define -- give some examples.

Models of Above Average Returns

1-Industrial Organization (I/O) Model of Above Average Returns

Discuss Assumptions and provide examples

2- Resource-Based Model of Above-Average Returns

Discuss and give examples

five forces model

1-Rivalry Among Existing Firms

Discuss rivalry among established firms in the industry -- and give examples.

2-Threat of Substitutes

Discuss - threat of substitutes -- and give examples.

3-Bargaining Power - Suppliers

Discuss - bargaining power of suppliers -- and give examples.

4-Bargaining Power - Buyers

Discuss - bargaining power of buyers -- and give examples.

5- Risk of Entry

Define -- discuss RISK OF ENTRY and give examples.

Industry Environment

1-Technology Factors

Discuss opportunities and threats (INDUSTRY) and give examples for companies.

2-Social Factors

Discuss opportunities and threats (INDUSTRY) and give examples for companies.

3-Economic Factors

Discuss opportunities and threats (INDUSTRY) and give examples for companies.

4-Political and Legal Factors

Discuss opportunities and threats (INDUSTRY) and give examples for companies.

Readings and Videos

General Mills - Mission and Vision

https://www.youtube.com/watch?v=FqATyJhPZvU

Any insight, questions, or ideas from this video?

SWOT Analysis

https://www.youtube.com/watch?v=GNXYI10Po6A

Any insight, questions, or ideas from this video?

Porter's Five Forces Model

https://www.youtube.com/watch?v=uvwjip3CTMA

Any insight, questions, or ideas from this video?

Industry Life Cycle

http://www.guidetobusinessplanning.com/minitutorials/industrylifecycle.html

Any insight, questions, or ideas from this video?