Assignment: Managerial Economics
This assignment is an individual-specific assessment of the industry in which you currently work or of the industry in which you intend to work after completing your MBA. This assessment should follow Porter's Five Forces ( High barriers to entry • Low buyer power • Low supplier power • Low threat from substitutes • Low levels of rivalry between existing firms • (Cooperation from complementary products) )approach and include discussions of each of the force categories for your particular industry. you should submit a brief document that addresses the following issues:
1. Brief description of your current or intended industry
2. Evaluation of the Five Forces for this industry
3. Concluding remarks that summarize your findings and identify any disadvantages of applying Porter's approach to your industry (aside from cooperative efforts and other drawbacks already identified in our textbook)
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.