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Homework answers / question archive / In Discussion Forum 2, post your response to the following discussion question

In Discussion Forum 2, post your response to the following discussion question

Management

In Discussion Forum 2, post your response to the following discussion question. Reply with a meaningful response to at least one classmate’s original post by the date indicated in the Course Calendar.

Learning how to evaluate an industry and understanding the strategic issues that the industry faces are important to determining strategy. The organizational strategy needs to address the industry issues that are relevant in relation to the organization’s mission.

Identify a specific industry that you find interesting. (It is recommended that you choose the industry in which you are currently working. You will be using the selected industry in course assignments moving forward.) What are the key strategic issues the industry is facing? (For example, in healthcare you might add technology and reimbursement to the key strategic issues.) Use Porter’s Five Forces to analyze the industry environment.

Choose a publicly-traded company within the industry you selected. Why are those strategic issues of key importance to the selected organization? Support your response with evidence. (You will be using the selected company in course assignments moving forward, so choose wisely.)

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