MGT401 Forces Driving Industry Competition
Instructions:
1- WORD format only
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Order Paper Now2- All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
3- must mention question number clearly in the answer
Assignment Questions:
Question 1.
Discuss the relationship between the social responsibility of a corporation and its competitive advantage. Enrich your answer by examples. (Max 700 words).
(Your answers should include outside references (other than the slides and textbook) using a proper referencing style (APA). Using references from SDL will be highly valued.
Question 2. (3 marks)
To prepare for this assignment, review Figure 4.3 entitled ‘forces driving industry competition’ from your textbook (Figure 4.2- Ch4- see the attachment) . and the text relative to Porter’s Five Forces of Competition framework. Consider the role of the following key forces of suppliers, substitutes, buyers, and potential entrants.
Select a Saudi Arabia company of your choosing and assess the power of each of five forces on that firm:
- How powerful are the buyers, suppliers, and substitutes? How formidable are the barriers to entry and how intense is the rivalry among existing firms?
- Which of the forces has the biggest impact on the firm? Why?