“The client for our project is the JM Food Management LLC”
We are a team of 5 students doing an external analysis. My friend and I are doing an Industry Analysis and my part of the industry analysis is:
1- Competitors
2- Substitutes
only!
and that will be 2-4 pages
bellow is what is required for the whole external analysis. we will just focus on (substitutes and competitors) my group will take care of the rest.
Milestones 3: External Analysis
Are there important developments in the macro environment (e.g., deregulation, demographic changes, stock market instability, dollar appreciation, Internet, etc.) that may threaten or create opportunities for the firm? What is the power of the buyers and suppliers relative to the firm? Are there substitute products? How intense is the competition in the firm’s industry? Are there important developments within its industry (e.g., increasing consolidation and merger activities) that could influence the overall industry attractiveness and determinants of relative success (key success factors)? What forces are emerging and are likely to permanently change the industry?
I also attached powerpoint slides from the chapter that were discussed in class you might find it helpful as well.
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