Management question1 identify the five forces that underlie, Ask an Expert

Management Studies

Management Question

1. Identify the five forces that underlie Porter’s five forces model of competition.

2. Analyse the industry structure of the public transport industry in Hong Kong and assess its attractiveness with Porter’s Five Forces model.

3. In the study of strategic management, the ‘resource-based view’ is one of the main approaches taken by scholars.

a. What is the resource-based view (RBV)? Define and explain the terms ‘resource’, ‘capability’ and ‘competitive advantage’.

b. According to the resource-based view, there are specific criteria that managers can use to decide which of their firm’s resources/capabilities have the potential to create a sustainable competitive advantage. Briefly explain these criteria and discuss why they are important for sustaining competitive advantage.

4. a. Describe and explain ‘value chain analysis’.

b. Use the value chain to discuss how to build differentiation advantage in a company

5. a. Why is it so important to analyse and understand the external and internal environments for strategic success?

b. What is an industry exit barrier? Explain and illustrate with two real- life examples of different cases how high exit barriers affect the competition within an industry?

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93132384

Have any Question?Write your Review or question?

Related Questions in Operation Management

1 how does the norm of free agency differ from that of the

1. How does the norm of free agency differ from that of the SER? To what extent is free agency a reality in American society today? What are its positive and negative aspects? 2. Do you agree that MTV is a commercial pro ...

Discusses five leadership styles laissez-faire leader

Discusses five leadership styles: laissez-faire leader, autocrat, participative leader, transactional leader, and transformational leader, and several key leadership traits. In 375-450 words select a leader of a nation, ...

1 what is pepsicorsquos corporate strategy briefly identify

1. What is PepsiCo’s corporate strategy? Briefly identify the business strategies that PepsiCo is using in each of its consumer business segments in 2015. 2. What is your assessment of the long-term attractiveness of the ...

You are the marketing manager for a company that creates

You are the marketing manager for a company that creates video games. A big competitor has just released an action game that appeals to kids who own your best-selling game. Your competitor’s release is a better game beca ...

1 below are three broad statements describing the functions

1. Below are three broad statements describing the functions of management. For each statement, are we referring to upper-level management, project management, or functional management? a. Acquire the best possible asset ...

Use the five-step decision making is shown in the answeryou

Use the FIVE-STEP decision making is shown in the answer. You are manager of IT project that involves two dozen offshore outsource worker who will do program development and testing. IDENTIFY several potential issues tha ...

1 assess your followership style using this tool create a

1. Assess your followership style using this tool. Create a post that identifies your followership style, and indicate why you agree or disagree with the outcome. Elite Burger: New Product Launch Case Scenario 2. What ar ...

What aspects of the business environment might have put

What aspects. Of the business environment might have put subtle pressures on Dun to respond as she did? Patrica Dunn HP. She hired a company to find out who in her company, HP, was leaking information. They used illegal ...

Please provide a brief paragrap of the key takaways from

Please provide a brief paragrap of the key takaways from each of the following topics: Designing Clear Visuals in business reports Designing Successful Documents and Websites Writing Winning Proposals

1 discuss the concept of generational differences in the

1. Discuss the concept of Generational Differences in the workplace today. Identify the various generations currently working today and the issues that arise as a result. 2. Would a firm want to subscribe to a shared cos ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert