Read the "UMUC Haircuts Case Study" and review the "Walmart Example."
Assignment
This assignment gives you the opportunity to apply the concepts of the Porter Five Forces model to a specific business, explain and support an identifieda strategy for competitive advantage for UMUC Haircuts, and analyze the identified business process that could be improved with the use of technology. This assignment specifically addresses the following course outcomes to enable you to:
- analyze business strategy to recognize how technology solutions enable strategic outcomes
- analyze internal and external business processes to identify information systems requirements
Assignment: UMUC Haircuts Stage 1:Create a document that includes:
I. Introduction
Brief introduction providing the background of the case, why you are writing and what is to come in your paper. This should only be 3-5 sentences.
II. Five Forces Analysis
Perform a Porter's Five Forces analysis for UMUC Haircuts, addressing each of the five forces in two or three sentences. For each of the five forces, your analysis should include:
- Explanation of the force and what it means to UMUC Haircuts
- Assessment of the force's impact (Positive, Negative or Neutral) on the business
- A statement as to whether it should affect Myra's strategy for a competitive advantage (yes or no).
You will copy the table below into your paper and use it as the framework for this analysis.
Five Forces Analysis
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FORCE
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EXPLANATION
(Minimum 2 good sentences)
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IMPACT(POSITIVE, NEGATIVE, or NEUTRAL)
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AFFECT STRATEGY? (YES/NO)
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BUYER POWER
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SUPPLIER POWER
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THREAT OF SUBSTITUTE PRODUCTS OR SERVICES
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THREAT OF NEW ENTRANTS
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RIVALRYAMONG EXISTING COMPETITORS
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III. Justification of Selected Strategy for Competitive Advantage
- Explain howMyra's selected strategy for competitive advantage - Cost Leadership Strategy --is justified and supported by the Five Forces Analysis.
- Relate the strategy back to each of Porter's five forces discussing the impact of the strategy based on your assessment of the force (positive, negative, or neutral).
IV. Business Process
- Explain how the process Myra has identified to be improved - Customer and Employee Scheduling -- is related to and supports the strategy for competitive advantage Myra selected.
- Explain generallyhow a technology solution could help improve the process. (Do not provide any specific solution.)
References: Provide at least one external resource in your paper on an area of your choice. Note that two or more external resources are required for maximum points. An external resource is a resource other than those provided in the class or textbook. Incorporate a properly formatted APA citation in the text of your document. Then, place an APA style reference pageat the end of your document.
Use the Case Study to develop your assignment and refer to the Walmart Example to understand the concepts and what is required for the assignment.
include title page, reference page.
Paper should be in APA format 2-3 pages with table
No of Pages/Words : 2-3 pages
Attachment:- case.rar