Critical Thinking Essay: Industry Analysis
I need your help for writing essay (6 pages not including the cover page and references page) The topic as below:
To prepare for this assignment, review Figures 3.1, 3.2, 3.3, 3.5, and 3.6 from your textbook. Select a Saudi Arabian company, identify the industry in which it competes, and identify its three main competitors. Complete an Industry Analysis by answering the following questions.
- Analyze and predict industry profitability:
- Apply a detailed Porter’s Five Forces framework with a graphic representation (Figure 3.3) and written explanation for your selected company in relation to the Five Forces.
- Given the Five Forces analysis outcomes, predict the level of industry profitability expressed as high, intermediate, or low.
- Implications for strategy:
- What strategies can the rival companies adopt to reduce competitive pressure and improve industry profitability?
- Which strategies do you recommend for your company to improve its competitiveness, position, and earnings?
- Identifying Key Success Factors (KSFs)—What are the KSFs of your company?
- See Figure 3.6. Who are the customers and what do they want?
- See Figure 3.6. How does the company survive competition?
- Has your company’s KSFs changed over time?
Directions:-
-Write an essay that includes an introduction paragraph, the essay’s body, and a conclusion paragraph to address the assignment’s guide questions. Do not address the questions using a question-and-answer format.
- Charts/diagrams should be labeled and can be added within the body of your paper.
-APA style should be used
-Font will be: Times roman 12, and double space should be between lines
-At least 3-4 scholarly, peer-reviewed journal articles will be used as references (including the below two).
Recommended Reference:
- “Brief Integrative Case 1.2: TOMS Puts Its Right Foot Forward” (p. 102) in International Management: Culture, Strategy, and Behavior.
- Beumer, C., Figge, L., & Elliott, J. (2018). The sustainability of globalisation: Including the ‘social robustness criterion’. Journal of Cleaner Production, 179, 704–715.
- Christ, K., & Schaltegger, S. (2018). Multinational enterprise strategies for addressing sustainability: The need for consolidation. Journal of Business Ethics, 1–22.
- Richter, U., & Arndt, F. (2018). Cognitive processes in the CSR decision-making process: A sensemaking perspective. Journal of Business Ethics, 148(3), 587–602.
- Al-Malkawi, H. (2018). Corporate social responsibility and financial performance in Saudi Arabia. Managerial Finance, 44(6), 648–664.
- Alnajdi, O., Calautit, J., & Wu, Y. (2019). Development of a multi-criteria decision making approach for sustainable seawater desalination technologies of medium and large-scale plants: a case study for Saudi Arabia’s vision 2030. Energy Procedia, 1 58, 4274–4279.
- Habib, M. A., & Ishak, M. (2017). Sustainability matters in national development visions—Evidence from Saudi Arabia’s Vision for 2030. Sustainability, 9(3), 408.
- Murphy, M., Macdonald, J., Antoine, G., & Smolarski, J. (2019). Exploring Muslim attitudes towards corporate social responsibility: Are Saudi business students different? Journal of Business Ethics, 154(4), 1103–1118.
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