To prepare for this Assignment, review “Nokia and
the Smartphone Industry” on page 22 of Dyer, Godfrey, Jensen, and Bryce
(2016), and complete a personal version of the Rivalry Strategy Tool
provided on page 41 of the text. Be sure to consider the potential
impact of the Five Forces as a tool for shaping industry competition and
Submit a 3 page analysis of the
influence of market selection in business strategy development. Your
analysis should address the following:
- What is the intensity of rivalry—high, medium, or
low—within the smartphone manufacturing industry? Explain your answer
using the Rivalry Strategy Tool.
- What is the intensity of supplier power—high,
medium, or low—within the smartphone industry? 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
Note: Be sure to use the APA Course
Paper Template (6th ed.), found in this week’s Learning Resources, to
complete this Assignment. Also, refer to the Week 3 Assignment Rubric
for specific grading elements and criteria. Your Instructor will use
this rubric to assess your work. Please Note: For each page of your paper, you must include a minimum of two APA-formatted scholarly citations.