For this week's discussion, please answer one (1) of the following questions. YOU ONLY NEED TO ANSWER ONE QUESTION. MUST BE AT LEAST 150 WORDS. Choose an industry (NOT a company) you are familiar...

For this week's discussion, please answer one (1) of the following questions. YOU ONLY NEED TO ANSWER ONE QUESTION. MUST BE AT LEAST 150 WORDS.

1. Choose an industry (NOT a company) you are familiar with, or do some research on an industry of interest to you, and conduct a Five Forces analysis. Given your analysis, what is the overall conclusion of this industry in terms of "attractiveness" and profit potential?


2. Assess the impact of macroenvironmental factors on the likely level of enrollment at your university over the next decade. What are the implications of these factors for the job security and salary level of your professors?


3. What are the primary implications of the material discussed in this chapter for strategy formulation?


4. It is possible for a company to be the lowest-cost producer in its industry and simultaneously have an output that is most valued by customers. Discuss this statement.