Description
I need an essay which 15 minimum pages of length which analyzes about the retail industry using Michael Porter’s Five Industry Forces: Bargaining Power of Buyers, Bargaining Power of Suppliers, Threat of New Entrants, Threat of Substitute Products or Services, Rivalry Among Existing Competitors.
Dra a conclusion regarding the overall profitability of the industry based on the five-forces analysis.
Indicate your expectation of the profitability of the industry (High, Med, Low).
List AT LEAST one way that a specific information system can increase industry probability by impacting( reducing) each force below:
examples.
Find 5 newly-IPO listed companies ( in the past 10 years) in the chosen industry that use information systems to archive their competitive strategies.
Competitive Strategies : Cost-Leader and Product differentiation. Explain in detail how each company is using a specific IS using to differentiate/ minimize cost.
Compare the newly-IPO listed companies to the pre-existing companies with a longer history; list the disadvantages and the advantages of each newly-IPO listed companies to the pre-existing companies the industry.
Provide references page tp list the citation sources used in this paper