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Using Porter's Five Forces , conduct a strategic analysis of an industry that you are familiar...

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General Management

Using Porter's Five Forces , conduct a strategic analysis ofan industry that you are familiar with. From your analysis,highlight two key facts which would help to shape your strategy asa new entrant in your chosen industry.

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Answer I would like to take an example of an industry which is widely known and has an effective global presence in the current era of electronic devices across the globe ie Xiaomi Corporation In order to start with the strategic analysis of the Xiaomi corporation porters five forces are derived as below 1 Threat towards the new entrants in the market Its not easy to be able to achieve economically for any other organization in such a quick span of time towards what Xiaomi Corporation has    See Answer
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