Industry Analysis

Business Questions
Industry Analysis

Q1: Many firms neglect industry analysis. When does this hurt them? When does it not?

Environmental Changes

Q2: Describe two major environmental changes that you expect to have a major impact on the wholesale food industry in the next 10 years.

Globalization

Q3: Explain when and why it is important for a company to globalize.

Environmental Analysis

Q4: Which factors complicate environmental analysis at the global level? Which factors are making such analysis easier?

SWOT Analysis

Q5: Describe SWOT analysis as a way to guide internal analysis. How does this approach reflect the basic strategic management process?

SWOT Analysis Weakness

Q6: What are potential weaknesses of SWOT analysis?
Industry Change Factors

Q7: What factors is driving industry change and what impacts will they have?

Competitive Forces

Q8: What kinds of competitive forces are industry members facing and how strong is each force?
Benchmarking

Q9: Identify why ethical conduct is important in benchmarking.
Generic Competitive Strategies

Q10: Discuss the five types of Generic Competitive Strategies. What are the primary characteristics of each strategy?
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