Analyze and predict industry profitability:
Apply a detailed Porter’s Five Forces framework with a graphic representation (Figure 3.3) and written explanation for your selected company in relation to the Five Forces.
Given the Five Forces analysis outcomes, predict the level of industry profitability expressed as high, intermediate, or low.
Implications for strategy:
What strategies can the rival companies adopt to reduce competitive pressure and improve industry profitability?
Which strategies do you recommend for your company to improve its competitiveness, position, and earnings?
Identifying Key Success Factors (KSFs)—What are the KSFs of your company?
See Figure 3.6. Who are the customers and what do they want?
See Figure 3.6. How does the company survive competition?
Has your company’s KSFs changed over time?
in Istanbul after covering a long distanced journey of 11,000 km. The caravan travelled through seven countries of ECO including unstable region of Afghanistan.The purpose of this journey was to gather information in order to facilitate road transport in the area (IRU-ECO Truck Carvan). Turkish President visit Pakistan November 1985 On November 14, 1985 President General Zia-Ul-Haq was invited to Turkish President Kenen Evren to pay a state visit to Pakistan. During his visit to Pakistan he stated: ‘Our countries has vast potential which can lead to a more intensive economic collaboration, we both have the necessary political will and determination for this purpose.’ On November 15, 1985, the two countries signed an accord to avoid implementation of double taxation between the two countries (Dawn November 16, 1985). During 1985, Islamabad (Pakistan) enhanced 40 different industrial projects to be set up in Pakistan as joint ventures with Turkey. A trade center was installed in Islamabad. Two joint ventures were a Sugar Mill in Toba Tek Singh and a compressor factory at Faisalabad. Both countries Pakistan and Turkey in order to improve their trade which was running into difficulties because of none complimentarily of their respective economies, agreed to set up a joint committee to make recommendations (Hasan, 2002). In 1987, the major achievement of the President General Zia Ul Haq’s visit to Turkey was that the two countries got mutual understanding on cooperation in defense production. By concentrating attention on defense production, both countries took an important step forward (Dawn 15 October, 1987). The common prospective of Ankara and Islamabad bind them together, impulses temporary incompatibilities and inconsistencies in then relationship on side line. Turkish and the Pakistani governments tried to induce their respective private sectors to increase bilateral trade. During 1989 the new Prime Minister of Pakistan Benazir Bhutto visited Ankara and called for reinforcing further deep brotherly ties between Turkey and Pakistan. It was appreciated that excellent political relations were not reflected in their economic cooperation. It was also noted for example that the significance of trade between them was far from satisfactory and the balance had been unfavorable for Pakistan. The deficit grew over the year. In 1983-84 their total trade amounted to Rs.453 million with Pakistan’s deficit standing at 161 million. The two countries also decided in 1989 to constitute committees of technical experts to identify bottlenecks. With the change of government in Pakistan, during Nawaz Sharif’s premiership Mr. Sartaj Aziz, Minister for finance paid official visit to Turkey in April 1991 and a meeting of Joint Commission for Economic and Technical Cooperation between Pakistan and Turkey was held in Ankara. Regarding trade relations both sides noted with satisfaction the recent increase in volume of trade which had reached 130 million US dollars in 1990. However the two sides again stressed that the level of bilateral trade did not fully reflect the >GET ANSWER