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What are the driving forces of change in the industry in which your company competes? How has your company changed its strategy to address driving forces? · Where does the company stand within the industry based on the five forces model of competition a

01 / 10 / 2021 Assignment

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  1. External Environment and Competitive Position
    Complete an industry analysis and a five forces model analysis including an assessment of the company’s closest rival. Be sure to answer the following questions:

· What are the driving forces of change in the industry in which your company competes? How has your company changed its strategy to address driving forces?

· Where does the company stand within the industry based on the five forces model of competition analysis?

· Which of the five forces exert the most pressure on the company? What has the company done to relieve this pressure?

· What are your recommendations to further reducing pressure from these forces?



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