Management

Review Exhibit 6.6 on page 123 in the textbook.Your essay must include an introduction, body, and conclusion, and address all relevant parts of each question. Make sure to cite any references you use. Proper citation format for a reference includes the name of the author(s), the title of the work, the date of the publication, and the page number.

Essay Questions

Select a product you are familiar with. Suppose you work for the company that is introducing this product into the workplace. Explain each aspect of Porter’s Five Industry Forces at the time the product entered the market.

For example: If you selected Nike shoes, what do you think Nike looked at and considered, using the Porter’s Five Industry Forces, before they actually entered the market? Make sure to address each of the five aspects in Porter’s Five Industry Forces.