This essay focuses on forces in mind assess.Clearly state what company you have chosen and define the industry before addressing Q1
Please use UK business and sources Formative assessment brief is the same as the. Summative one, so please start working on it and use the “Course Review Worksheet” (see below) for that purpose. For the purposes of the formative assessment concentrate on the first two questions (topics address during the weeks 2, 3, 4 and 5). Clearly state what company you have chosen and define the industry before addressing Q1.
Of course for your summative assessment you will have to discuss each issue in dept. 5 Forces: Conclude each force as H, M or L and provide . A discussion for one of these forces so that we can comment on your analysis/discussion. Having these forces in mind assess attractiveness for that industry (e.g. is the forces are on average on the high-side the industry is not attractive). For the summative assessment each force needs to be discussed in depth.
First identify several resources (each should be name and conclude as an S or a W). List several but (for the purposes of the formative assessment) discuss one in greater detail so that we can comment on your depth of analysis. Please distinguish between resources and competences!. Resources should be address in a descriptive way but competences (activities) should be identified and listed in a value chain.
Then copy these (all or the most important 5) from value chain to VRIO. Pick one and discuss in detail (explain the activity and discuss your reasoning behind V, R and I for this activity/competence). Again, for summative assignment you need to discuss each resources and two competences in detail. Time permitting you can start thinking about Q3 (share some of your ideas) this topic will be addressed later.