Instruction
PART ONEEEEEEEEE
Remember, this is an industry analysis not a company analysis. Therefore, limit the amount of specific company (organizational) information. A.Basis description of the industry. Will include, as a minimum:1.The nature of the product or service2.Information about customers and channels of distribution 3.Size of the industry (sales)4.Geographic location of the industry 5.Profit trends6.Competitive nature of the industry B.Factors that influence demand. These factors may cause demand to increase or decrease. For each factor that you discuss, indicate whether it will cause demand to increase or decrease. You should demonstrate an understanding of why customers buy the product or service (e.g., customer service, quality, cost to name only a few). Also include:1.The functions served by the product/Why customers buy the products or services2.Stage of the product life cycle 3.Economic trends4.Demographic trends5.Social/cultural trends6.Political trends7.Technological trends
8.Programs developed by companies in the industry (new marketing programs, new distribution channels, etc.)9.Pricing actions/trends (how do competitors us price as a competitive weapon, etc.)C.Factors that influence cost structures and profitability1.Stage of the product life cycle. (Stage of the product life cycle affects pattern of investment, cash flows, and profitability.)2.Competitive environment. Thoroughly analyze and discuss Porter’s Five Forces of Industry Competition. Explain effects on costs and profitability. 3.Cost drivers. Describe the major cost drivers or identify what contributes to the price a company must charge for its product or service (e.g., labor, material,manufacturing). Give percentages or other data if available. Also, discuss the value chain as it relates to cost.
THIS IS PART TWOOOOOOOOOOOOOOOOOO
Using Nehemiah chapters 1 and 2, write a response on how this passage guides us in the area of crafting and executing strategy. What five things did Nehemiah do over a period of several months before he engaged the king with his request? What specifically does this teach us regarding patience, timeliness, and preparation in considering a strategy? How did Nehemiah evaluate his external environment as well as his resources, capabilities, and competition? Provide and explain examples of how this could work effectively in the workplace.
Requirements: 500-word minimum. APA format
PART ONE SHOULD BE SUBMITTED AS ONE DOCUMENT AND PART TWO AS A SEPARATE DOCUMENT.