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MGMT3001 Management Strategies
Answered

Question:

Assignment 2 Chapter 3 Five Forces Analysis and Strategic Group Mapping

Use the tables I have created below to complete this assignment.

Part 1

For an industry (not a company i.e. fast food is an industry, not MacDonald’s) of your choosing complete the following.

A Five Forces Analysis using the format below. I have included comments in the first row to give you an idea of what I am looking for. Contact me if you need more explanation.

Force Analysis of the Strength of the Force: Strong, Weak, Neutral Impact on profit-positive or negative

Rivalry among competing sellers

Your view on this force. Is the rivalry strong, for example, in the industry you selected i.e. lots of competition? 

Does the impact of the force increase profitability or reduce it? For example, if the industry you choose has strong rivalry (lots of competition) that would make the industry less profitable-a negative impact. Note that some forces could have a positive impact while others are negative.

What is overall your conclusion on the attractiveness of this industry based on the chart you completed? i.e. would this be a good industry to invest in?
Part 2

Complete the following parts of question 2 in the Assurance of Learning Exercises p.63.

  1. Based on the strategic group map in Concepts & Connections 3.1, which pizza chains are Hungry Howie’s closest competitors?
  2. With which strategic group does California Pizza Kitchen complete the least, according to the map?

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