Prior to beginning work on this discussion forum, Read Chapter 4’s section on Po

Prior to beginning work on this discussion forum,
Read Chapter 4’s section on Porter’s 5 Forces from the text, Strategic Management for Organizations.
Review the required YouTube video, The Five Competitive Forces That Shape StrategyLinks to an external site.. In the video, Mr. Porter discusses how Porter’s Five Forces Analysis is an important tool for assessing the potential for profitability in an industry. For example, Mr. Porter applied these five forces to the airline industry.
Review the required articles for this week.
Review First Choose Your Approach to Strategy, Then Choose Your StrategyLinks to an external site. by Jones.
Review Porter or Mintzberg: Whose View of Strategy is the Most Relevant Today?Links to an external site. by Moore.
Review Standardizing the Term “Strategy” in Retail and Business CurriculumLinks to an external site. by Song.
Think of another industry where profitability is low. In an initial post of at least 250 words,
Apply the five forces to your chosen industry and demonstrate how those forces can lower profitability.
NOTE: Incorporate the feedback you receive from your instructor and save your work. It will be part of your Strategic Plan Final Project for this course.