Assignment: Strategic Management
1. What is the 5 Forces Model? How is it used by a firm? Briefly, discuss each force in the model. Which of these forces do you consider to be the strongest? Why?
2. What is a Value Chain? Why is it important?
3. When conducting a SWOT analysis, is it enough to simply compile lists of the firm's strengths, weaknesses, opportunities, and threats? Why or why not?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.