Porters Five Forces model discussion
April 7th, 2023
Im working on a Management exercise and need support.
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Porters Five Forces model discussion
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Read Chapter 2, Marketing: How do we identify, entice and add value for customer?
Porters Five Forces model is a well-known approach to developing a sustainable competitive advantage. For a company to develop a competitive advantage, however, the four functional areas, as described in Chapter 2, and the employees must effectively work together toward shared goals and manage the complex interactions of ideas, people, and capital. Address the following:
- Describe your Capsim teams experience with the interactions of your teams functional areas.
- What sustainable competitive advantage were you able to develop, if any?
- How did your team balance the needs of internal and external stakeholders?
- What are the marketing realities your team faced and how did you address them?
Your discussion posting must be at least 250.