Overview
Your analysis should address the following:
- What is the intensity of rivalry—high, medium, or low—within the industry? Briefly (in 1–2 paragraphs) explain your answer using the Rivalry Strategy Tool
- What is the intensity of supplier power—high, medium, or low—within the industry? Briefly (in 1–2 paragraphs) explain your answer using the Rivalry Strategy Tool.
- What is the importance of correctly identifying and choosing a firm's industries and markets? Justify your answer with at least one example.
- How does accounting for gaining and sustaining competitive advantage impact the success of business strategy development? Explain.
Note: Be sure to use the APA Course Paper Template, found in this week’s Learning Resources, to complete this Assignment.