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Question 1:Pick one of Porter’s Five Forces:
Threat of new entrants
Threat of Substitutes
Bargaining Power of Supplies
Bargaining Power of Buyers
Industry Competitors
Analyze one of Porter’s 5-Forces and its impact on Astro-Vision. Provide 2 distinct ideas on how the “force” is impacting Astro-Vision and how the company should manage the ‘force’ moving forward. For each idea, complete a 3 – 4 sentence paragraph (no more)! The use of bullet points is acceptable. Question 2:In Chapter 6 of our textbook, “Strategic Analysis and Action” the organization’s resources and capabilities are discussed. Using Tables 6.3, page 95 and Table 6.8, page 104 as a guide, identify one resource or organizational capability gap in Astro-Vision Futuretech’s current strategy. Complete the following questions (similar to Table 6.4 and Table 6.8):
What is the required Resource or Capability? (one sentence)
What is the available/existing resource or capability?(one sentence)
Identify the Gap? (one – two sentences)
What is the recommended Gap-Closing Action? (one – two sentences)
Please keep to the maximum required sentences for your response. Business writing is meant to be concise
Answer the number of sentences required by the each question, regardless of whether there is a page or 275 words.
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