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Question: Read the article on read the article on Porter's five forces that shape strategy.. Brainstorm the relevant factors for the markets of your entrepreneurial idea and choose the two most challenging forces for your industry. Discuss what strategies you could implement to change the outcome.

LInk to the article: http://www.investopedia.com/features/industryhandbook/porter.asp#axzz1fEumQqU5

Entrepreneurial idea: Using Blake Mycoskie, founder of TOMS, has an inspiration coupled with America's growing child obesity, looking to build a retail business that gives backs to the needy and underprivileged children clothing and shoes (both domestically and internationally) but also focus on providing healthy lunches to the most impoverished school districts within the United States. Idea is every provide 1-2% of every $1.00 we make to these causes.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M91594105
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