Five Forces Analysis

Imagine that you have just completed your business degree at uni and are applying for a very attractive position as Management Consultant in a prominent and reputable Consultancy firm. As part of the selection process applicants are required to research and write an essay about The Five Forces Analysis, to prove to the employer their subject-specific research, analytical, critical and writing skills and ability to use appropriately and confidently the terminology of strategic management. The selection process is highly competitive, therefore the higher the quality of your essay, the better the chances to be selected. Instructions Research and write an essay about the importance of The Five Forces Analysis as a key element of a thorough situation analysis, which precedes the choice of organisation’s strategy. Selecting the right strategy is instrumental in achieving successful performance and above-average profitability for the benefit of all stakeholders, and in line with the principle of the common good. The steps involved in developing and completing this assignments are as follows:  Use the Lecture Notes and your textbook to develop an initial understanding of what is Five Forces Analysis and how it is used. Research the seminal literature on this topic to expand further your understanding and appreciation of the concept. Seminal literature consists of books or academic articles, published in high quality journals some time ago, which have proposed and outlined the concept for a first time. For example, Jay Barney published the article “Firm Resources and Sustained Competitive Advantage,” in 1991 (in Journal of Management), in which he proposed the concept of the Resource-based View. The latter has since then developed into a powerful and influential theory explaining organisational performance as a direct function of company’s resources.                    Further guidance on searching for the seminal literature will be provided in a special presentation in class in week 2.  While reading the seminal literature, make sure you understand why the concept is an important part of strategic management (SM) and how it is related to situation analysis and the strategic management process, where does it fit within this process? To which other important strategic management concepts/principles/theories does it relate and how? After clarifying the exact meaning and origin of the concept, search the electronic databases in ACU Electronic library (e.g. Business Source Complete, Emerald, ABI/Inform, etc.) for some more recent developments of the concept, published in the last 5 years, to trace the evolution in thinking about the 5 Forces Analysis, including articles which critique the concept. Choose at least 5 appropriate articles using the following selection criteria: Quality of the journal which published the article. Only the best journals should be used, please check the list of recommended journals in your Unit Outline; The articles should be peer-reviewed, this means that low quality sources, such as trade journals, are totally unsuitable for the purposes of this assignment; Date of publication: the article has to have been published in the last 5 years; The nature of the article – use your judgement of whether the article is helpful in providing new insight about the concept, criticism of the concept, new linkages with other SM concepts and new views about its usefulness. After selecting the 5 articles, you need to read them very carefully and to analyse them in order to identify how they relate to your concept. Do they accept and reinforce the concept, do they add to it, do they critique it, or do they offer an example of how the concept have been successfully used in certain industries. If you aim to obtain a D/HD, then more articles (e.g. 8-10) should be analysed and discussed, to present a richer and more interesting analysis of the concept. Making notes about each of the above item is necessary while reading the literature. Synthesise the new insight on the concept that you have derived from the articles in your essay. That is, you need to show how the original concept has evolved over time and to indicate clearly in what ways it has evolved, what new extensions, developments, criticism and applications of the concept have been proposed recently. This will take you some time, as you will need to write a couple of drafts before you end up with a clear, interesting and insightful discussion about the concept, its evolution and use is strategic management.  To finish the paper, provide a conclusion, which needs to summarise the main findings of your research and outline why the content of the paper is important for scholars and practitioners of SM.

Struggling to find relevant content or pressed for time? – Don’t worry, we have a team of professionals to help you on
Five Forces Analysis
Get a 15% Discount on this Paper
Order Now
Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
Sign up, place your order, and leave the rest to our professional paper writers in less than 2 minutes.
step 1
Upload assignment instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
s
Get personalized services with MyCoursebay
One writer for all your papers
You can select one writer for all your papers. This option enhances the consistency in the quality of your assignments. Select your preferred writer from the list of writers who have handledf your previous assignments
Same paper from different writers
Are you ordering the same assignment for a friend? You can get the same paper from different writers. The goal is to produce 100% unique and original papers
Copy of sources used
Our homework writers will provide you with copies of sources used on your request. Just add the option when plaing your order
What our partners say about us
We appreciate every review and are always looking for ways to grow. See what other students think about our do my paper service.
Other
GREAT
Customer 452813, July 3rd, 2022
Nursing
Did not receive paper on time.
Customer 452693, November 9th, 2022
Computer science
extremely happy with the service, again! You guys are the best.
Customer 452715, July 27th, 2022
Human Resources Management (HRM)
Thanks for your assistance and promptness.
Customer 452701, November 1st, 2022
Social Work and Human Services
Excellent
Customer 452587, July 28th, 2021
Education
Thank you so much!
Customer 452675, March 17th, 2023
Other
Thanks for the help, appreciate it
Customer 452821, August 27th, 2022
Technology
Great job on the paper!!
Customer 452885, December 14th, 2022
Other
GREAT JOB THANK YOU.
Customer 452813, July 18th, 2022
Nursing
Work is always perfectly done.
Customer 452707, January 11th, 2024
Other
Great Work!
Customer 452587, March 10th, 2022
Social Work and Human Services
Great Work!
Customer 452587, March 16th, 2022
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat

Good News ! We now help with PROCTORED EXAM. Chat with a support agent for more information