Question Description
Read the article about Facebook in link down then answer the 5 questions
- What is the precise problems facing our company?
- What underlying industry factors, company factors and/or issues creating the problem?
- How will all the companies in the industry loss or gain from the problem as they are currently positioned?
- what specific actions should our company take to respond to the problem and why?
- How are the competing firms likely to respond to our company’s actions?
Notes
There is a difference between the a problem and an issue.The issue is part of the problem and the problem composes of one or more issues. Therefore, the problem is the most comprehensive and usually faced by companies because it starts an issue and then turn into a problem.The problem maybe is internal or external
To answer these questions use
Industry analysis , ( Internal and External ) Industry market competitors
Competitive analysis , competitive advantage
Corporate strategy , business level strategy ,business models
Instructions
Free plagiarism
answer must be in detail no short answer
write the answer of question in points then explain the points
write the question first then write the answer
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