Discussion Question

Answer question below: BASED ON THE COMPANY YOU WORK FOR (I work for a small mom and pop restaurant you can make anything up)

Discussion Question responses must meet the following criteria:

–          300-400 word count, excluding citations and references

 

–          Responses must include at least one reference to an outside source

 

–          <strong>Utilize at least 1 in-text citation or more and references, as appropriate</strong>

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–          Avoid offering perspectives that you cannot substantiate through the reading, outside research, or personal professional experience

Question is:

Which of the five competitive forces is creating the strongest competitive pressure for my current company?  Well I would first like to identify those the five competitive forces this questions is referring to as they are found in our course text book,<em> Essentials of Strategic Management: The Quest for Competitive Advantage</em>. The forces are as follows:

The Competitive Force of Buyer Bargaining Power

The Competitive Force of Substitute Products

The Competitive Force of Supplier Bargaining Power

The Competitive Force of Potential New Entrants

The Competitive Force of Rivalry among Competing Sellers


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