Hypercompetition and Global Competition

1-Global Competition
How does the global economy impact a business you know about?

2- Hypercompetition
Define — give some examples.
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Models of Above Average Returns

1-Industrial Organization (I/O) Model of Above Average Returns
Discuss Assumptions and provide examples

2- Resource-Based Model of Above-Average Returns
Discuss and give examples
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five forces model

1-Rivalry Among Existing Firms
Discuss rivalry among established firms in the industry — and give examples.

2-Threat of Substitutes
Discuss – threat of substitutes — and give examples.

3-Bargaining Power – Suppliers
Discuss – bargaining power of suppliers — and give examples.

4-Bargaining Power – Buyers
Discuss – bargaining power of buyers — and give examples.

5- Risk of Entry
Define — discuss RISK OF ENTRY and give examples.
_______________________________________________
Industry Environment

1-Technology Factors
Discuss opportunities and threats (INDUSTRY) and give examples for companies.

2-Social Factors
Discuss opportunities and threats (INDUSTRY) and give examples for companies.

3-Economic Factors
Discuss opportunities and threats (INDUSTRY) and give examples for companies.

4-Political and Legal Factors
Discuss opportunities and threats (INDUSTRY) and give examples for companies.
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Readings and Videos

General Mills – Mission and Vision
https://www.youtube.com/watch?v=FqATyJhPZvU
Any insight, questions, or ideas from this video?

SWOT Analysis
https://www.youtube.com/watch?v=GNXYI10Po6A
Any insight, questions, or ideas from this video?

Porter’s Five Forces Model
https://www.youtube.com/watch?v=uvwjip3CTMA
Any insight, questions, or ideas from this video?

Industry Life Cycle
http://www.guidetobusinessplanning.com/minitutorials/industrylifecycle.html
Any insight, questions, or ideas from this video?