List the five forces of "Porter's five forces" industry framework. Illustrate Porter's five forces industry framework through a local example.

List the five forces of “Porter’s five forces” industry framework. Illustrate Porter’s five forces industry framework through a local example.

Discussion

Q1- Read the article at the following link.

(Question):

Define Strategic Thinking.

List the three ways in which companies formulate strategy.

Explain any one rule of strategic thinking.

Q2- Watch the video at the following link.

(Question):

List the five forces of “Porter’s five forces” industry framework.

Illustrate Porter’s five forces industry framework through a local example.

Q3- Watch the short video at the following link

(Question):

Describe Business Model.

List the nine building blocks of the Business Canvas Model.

Explain any one building block of the Business Canvas Model along with an appropriate example.

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