Discuss the main points of your Five Forces Analysis on the toy industry. What are the key success factors in this industry? Explain which of the forces represent major negative forces for your client Lego? Which of the forces signify opportunities? Explain your answer.
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Discuss the main points of your Five Forces Analysis on the toy industry. What are the key
success factors in this industry? Explain which of the forces represent major negative forces for
your client Lego? Which of the forces signify opportunities? Explain your answer.
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- Visit the app store. Using your computer or smartphone,visit an app store (Apple, Google, Amazon, Samsung, or thelike) and browse through the various apps available. Whichappeal to you and which do not? Why? Write a thumbnailreview for four apps (two positive and two negative) explaining your viewpoint as a consumer.Define the nature and scope of the questions you must answer with regard to your market. Identify the types of information you will need about the market to answer those questions. For example, do you need to know about the buying habits, household income levels, or attitudes of potential customers?Explain,how marketing affects the decisions consumers make. Explain the role of marketing and how awareness can change the minds of consumers when buying products or services. Identify two or three examples of personal and professional marketing.