Digital Transformation

Answer these 5 questions. Use the source provided 1.Building on the case study “Cola Wars Continue,” please analyze the 5 competitive forces of the industry (i.e., using the article of M. Porter on “The Five Competitive Forces that Shape Strategy”)?   2.Building on the case study “Cola Wars Continue,” how can Coke and Pepsi sustain their revenues and profits with the growing popularity of non-carbonated soft drinks (you can take today’s perspective or the perspective at the time the case was written)?   3.Please analyze how to potentially avoid “Red Ocean Traps” using a hotel, retail, restaurant, healthcare, or entrepreneurship example.   4.How can a potential new entrant in the automotive industry (e.g., BYTON https://www.byton.com)try to “overcome barriers to entry in an established industry” (see Tesla article)?   5.Please analyze the concept of “digitally transforming customer experience” using an own example or a recent business example along the concepts highlighted in “The nine elements of digital transformation.”

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