business strategy and the five competitive forces

Please read the “What is strategy” and “Five competitive forces” articles in the beginning to complement your readings in the book.Here are some further questions to provoke thought. What is a more important determinant of future operation in a market; competitor analysis or industry analysis? Or both? How do we differentiate your firms position in the market from their actual strategy? What are some effective approaches to analyzing industries? Please use the first 2 chapters to write a 1 page answer.

 

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