MGT 450 Week 2 DQ 2 Industry Analysis
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Mgt 450 Week 2 DQ 2: Industry Analysis Describe an industry analysis & its purpose. Give two examples of the types of questions an industry analysis might answer. In your discussion also include an analysis of the chosen two areas & how they affect the strategic planning process. Respond to at least two of your classmates posts. You must create one initial post & at least two responses, for a minimum of three posts for this discussion. An industry analysis uses information that is specific to the industry, & not the individual organization, to help determine the focus of strategic planning. It includes a broad scope of areas to consider, some more than others, depending on the industry. Given the current rate of technology & how it continues to shape business models & some industries...