Problem: There is no required length for this discussion but please answer each section thoroughly. Use the Information Technology Industry as the subject for this discussion. Analyze the IT industry from the point of view of Porter's Five Forces.
(If your industry operates in perfect or monopolistic competition), Game Theory (if your industry operates in oligopolistic competition) or the Resource Based View of the Firm (if your industry operates as a full monopoly), and any other strategy frameworks that provide insight to your understanding of the industry.
The five forces are as follows:
- Bargaining Power of Buyers
- Bargaining Power of Suppliers
- Threat of New Entrants
- Threat from Substitutes
- Rivalry among Existing Players