What do these factors tell you about the nature of competition in each industry?
Implications of Competition Analysis
This week we will be discussing and providing examples for the various industries to include: growth industry, mature industry, and declining industry.
Identify a growth industry, a mature industry, and a declining industry. For each industry, identify the following;
- the number and size distribution of companies;
- the nature of barriers to entry;
- the height of barriers to entry; and (d) the extent of product differentiation.
Once you have identified an example for each, then, answer the following questions:
- What do these factors tell you about the nature of competition in each industry?
- What are the implications for the company in terms of opportunities and threats?
Image preview for what do these factors tell you about the nature of competition in each industry?
APA
273 words