Determine firms most similar competitors in their industry


Assignment

In this assignment you will do the following:

You will pick 7 companies from Fortune 500 list. Download their 10 K (annual report) for the years 2016 and 2017. Then, you will search within the annual report for the following:

1. Business Strategy of the firm. You will read the business strategy of the firm as stated in their annual report, then rewrite it using the terminology of chapter 4. Then, you will classify their business strategy whether it is a low-cost, differentiation, focused, mixed, and any other strategies discussed in chapter 4 in the book and you will provide justification why do you think it is so.

2. You will determine the firm's most similar competitors in their industry and you will compare and contrast their business strategies using the explanations of all strategies provided.

3. You will search for at least 5 competitive actions that each firm took in the 2016 and 2017, and five competitive actions that its closest competitors took in the same years (at least for two of its immediate competitors). You must label these competitive actions properly using chapter five knowledge and terminology.

Format your assignment according to the following formatting requirements:

1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.

3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.

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Business Management: Determine firms most similar competitors in their industry
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