Analyzing the external environment

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Chapter 3 Analyzing the external environment

End of Chapter Questions

1. Consider the national accounting services industry. What other definitions might there be for organizations competing in this industry? Why might different definitions be chosen?

2. What is the difference between an industry and a market? When could an industry be a market and vice versa?

3. In what industries does the government play a big role? In what industries does it have a small role? How is government's role changing over time? Why is it?

4. Consider the difficulties in summarizing the macro-environment and the industry analysis. How can the summarizing be improved?

5. Name one industry in your locality that might qualify as having a 'cluster' or 'network of competitors. What reasons might explain the existence of this network or cluster?

6. What are the advantages of undertaking a strategic group analysis? Under what circumstances would such an analysis be useful?

7. At what stages of the industry life cycle are the TV manufacturing, mobile phone, gym, and Voice over IP (VoIP) industries? How do you see these industries evolving over time? What will be the key factors causing this?

8. How will sustainability affect industries that you are aware of?

9. What are the limitations of applying industry analysis to public sector organizations? Can these be overcome?

10. Are NFPs any different of applying industry analysis to public sector organisations? Can these from regular organisations in regard to industry analysis.

Reference no: EM133615395

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