draw a five forces diagram for the organic food industry, and briefly discuss the nature and strength of each of the five competitive forces.
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draw a five forces diagram for the organic food industry, and briefly discuss the nature and strength of each of the five competitive forces.
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- Analyze the of the organic food industry using the information provided by the Organic Trade Association at www.ota.com and the Organic Report magazine at theorganicreport.com. That is, based on the information provided on these websites, draw a five forces diagram for the organic food industry, and briefly discuss the nature and strength of each of the five competitive forces.What are some environmental influences on food policy? Identify one current 'health food' trend, choose a specific food product, and develop strategies on addressing food production's negative environmental impact.Discuss and explain in details 3 (THREE) major external forces and 3 (THREE) internal forces that you need to consider for business in food industry.
- Identify the six forces that shape competition in an industry. Describe how changes in the strength of these forces affect prices, profitability, and under which circumstances each can be considered a threat or opportunity. Why is a competitive analysis using the competitive forces framework a benefit to industry?Explain the advantages and disadvantages of different types of business. Describe the various costs which are classified based on analytical and decision making.How can an organization effectively identify and leverage untapped opportunities within the elements of its value chain to enhance overall business performance and competitive advantage?
- There are four macro strategies to create and deliver value to customers and that can help a firm to develop a sustainable competitive advantage. Think of a company from the local market who you are very loyal to in many categories like (food, electronics, personal care etc.). Is it the product, location, operation, or customer excellence that you are loyal to that firm? Critically examine.Competitive strategy aims to establish a profitable and sustainable position against the forces that determine industry competition” (Porter, 1985). Evaluate the five basic competitive strategies pursued by organizations in order to create sustainable competitive advantageDiscuss examples of how an organic company can create value for its customers in at least two different ways.
- Describe the steps in a rational process for service area competitor analysis. Why is service area competitor analysis an important aspect of environmental analysis?Discuss the impact of environmental sustainability considerations on business models in industries like fashion, automotive, and energy. How can businesses incorporate sustainability into their models effectively?Contrast past and present business environments with regard to the following aspects: basis of competition, manufacturing processes and manufacturing technology, required labor skills, emphasis onquality, number of products, number of markets, types of cost management information needed, management organizational structure, and management focus