Apply Porter’s model to Ikea company. I attached a file containing the instruction and the questions.please follow the instruction carefully and answer all the questions free plagiarism The sources must be up
to date 2017-2108
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Apply Porter’s model to Ikea
for the industry analysis utilizing porters
Step 1. Gather the information on each of the five forces
Use one of the many templates on porterâ??s/ competitive analysis to assist with this
assignment. Some modifications will be necessary to customize for this class:
Check the researched information against some of the factors listed e.g. under
the threat of new entrants â??How much capital is required to enter this market?
Step 2. After gathering all the information, analyze the results, what
impact does this force have?
Sample: Porterâ??s five forces worksheet
Name of force: e.g. Threat of New Entrants
Threat of New Entrants is High/Low if (use ranking
List your reasons to support your conclusion
(this must be based on facts, so please ensure you can refer to your
Are there any opportunities? (opportunities are used to lessen the threat level or
give you an advantage you did not consider before)
How does Information Systems affect this force?
Continue for each of the five forces
Step 3.Summarize your findings, make recommendations. Formulate
strategies based on your findings.
Create a table summarizing the forces?
Summary of Forces Threat
Threat of Substitutes
Role of IS
(scales may vary e.g. 1- How
Which opportunities should the company embark upon?
Create a table summarizing the opportunities
Role of IS
Which forces pose the greatest threats?
Where are the companyâ??s greatest opportunities?
What are the main drivers of competition in this industry?
Based on your analysis, can you suggest a competitive strategy(ies)?
The sources must be up to date 2017-2108
In addition to google searches, here are some possible sources of information. Please ensure
you use a mixture of primary and secondary sources.
Annual report & accounts
Regulatory /Government reports
Presentations / speeches
Pricing / price lists
Purchase answer to see full
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