Discussion Question 1:
Please respond to the following:
Explain how you expect this course will help you move forward in your current or future career.
Identify an organization that could benefit from the application of the I/O Model of Above-Average Returns (Figure 1.2 on page 15 in the textbook).
Follow the five steps to justify your answer.
Do not use Apple or Walmart in this exercise.
Be sure to incorporate the relevant vocabulary or terms from the chapter and give us the “why”.
Week 2 Discussion-
Respond to the following:
Can any firm beat Amazon in the marketplace? If not, why not? If so, how can they best do so? How formidable a competitor is Google for Amazon? Please explain.
What are Amazon’s major strengths? Does it have any weaknesses? Please explain. Is Jet.com a potential concern for Amazon? Why or why not?
Given the importance of understanding the external environment, why do some firms fail to do so? Provide examples of firms that did not understand their external environment.
What were the implications of the firm’s failure to understand that environment?