Question 1.
(2 marks)
Discuss the relationship between the social responsibility of a corporation and its competitive advantage. Enrich your answer by examples.
(Max 700 words).
(Your answers should include outside references (other than the slides and textbook) using a proper referencing style (APA). Using references from SDL will be highly valued.
Question 2.
(3 marks)
To prepare for this assignment, review
Figure 4.3
entitled ‘
forces driving industry competition’
from your textbook (Figure 4.2- Ch4- Slide no 18) and the text relative to Porter’s Five Forces of Competition framework. Consider the role of the following key forces of suppliers, substitutes, buyers, and potential entrants.
Select a Middle Eastern company of your choosing and assess the power of each of five forces on that firm:
a.
How powerful are the
buyers
,
suppliers
, and
substitutes
? How formidable are the
barriers to entry
and how intense is the
rivalry among existing firms
?
(2 marks)
b.
Which of the forces has the biggest impact on the firm? Why?
(1 mark)