1. Incorporate the Five Forces of Competition to help write the industry analysis for your organization.
2. Describe your sources of competitive advantage.
3. Using the International Entry Modes (Figure 8.5), describe which mode(s) of entry you would use to expand globally and why you selected it (even if expansion is hypothetical at this time). Select one country, such as Canada, and discuss relevant cultural, political, and economic factors, and any language barriers that could impact your entry.
4.Identify the outlook, forecast, or trends for the type of organization you have selected. Use the Scan, Monitor, Forecast and Assess model in chapter 2 to complete this section.
The Porter's Five forces of competition are the most basic and accurate factors for analysis of an organization. The Porter's five forces model indicates competition and explains it to the most subsequent and influential manner and accounts for profitability and increased growth rate of a firm. Below are some tactics through which
