Answer only Step 5.

The University of Queensland
1
Management
Management
Economics
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Design the Field of Possibilities for the Sector and Individual Companies
1. Macro Environment 
The industry is influenced by internal and external factors. Government regulations and tax policies are affecting the smartphone industry. Change in the consumer lifestyle and technology innovation is also influencing the company. The companies are also influenced by high tariff rates charged by different countries. 
2. Industry 
The main actors of the smartphone industry sector are Apple, Xiaomi Samsung and LG. The competitive structure of the industry is an oligopoly while analysing the intensity of the smartphone industry we can...