Industry Analysis and Adaptations
Word count: 3,000 words, +/- 10% excluding references (see Section 7 below).
- Write a reflective essay titled ‘Industry analysis and possible adaptations’. a. Use the Porter’s 5 Forces model to identify and analyse the current environmental influences on the Apparel Retailers subsector within the UK economy.
- Use the Value Chain model to analyse the internal business environment of a firm in the Apparel Retailers subsector within the UK. (chosen firm – Debenhams PLC)
- Explain appropriate adaptations that your selected firm could undertake in response to the external business environmental forces.
- Based on the task ‘a’ above, reflect on the usefulness of the Porter’s 5 Forces model in understanding the business environment and describe its potential limitations.