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Individual Assignment
Submission date:
Prepare a report of 5-10 pages on the following questions by supporting with practical examples.

  1. Identify a growth industry, a mature industry, and a declining industry. For each industry, identify the following:      (1) the number and size distribution of companies, (2) the nature of barriers to entry, (3) the height of barriers to entry, and (4) the extent of product differentiation. What do these factors tell you about the nature of competition in each industry? What are the implications for the company in terms of opportunities and threats?
  2. What is business model? What are the main building blocks of the business model? Elucidate it clearly and develop your own/or (your organization’s) business model.
  3. Under what environmental conditions are price wars most likely to occur in an industry? What are the implications of price wars for a company? How should a company try to deal with the threat of a price war?
  4. Discuss how companies can use: (a) product differentiation, and (b) capacity control to manage rivalry and increase an industry’s profitability.
  5. What are the key problems in maintaining a competitive advantage in embryonic and growth industry environments? What are the dangers associated with being the leader in an industry?

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Step 1: Team allocation and initial assessment (Individual) Your learning facilitator will randomly assign you to a group. After that has occurred, each team member will write their own response to the two issues below (the response is included as part of your individual Reflective Report): 1. Using information about team members’ LPA, EI and Clifton Strengths to support your views, discuss why you think this group of students has the potential to form an effective work group. 2. Using information about team members’ LPA, EI and Clifton Strengths to support your views, anticipate possible areas of weakness or conflict within the group. Step 2: Team-Building (Group) As a group, design or choose a 25-30 minute team building activity and explain in your report why you believe it will increase the effectiveness of the team (this part of your individual report will be common to all team members). Remember that this is a team building activity – not a “getting to know you” session. Then conduct the team-building activity as a group, documenting the experience using video/moving screen-capture technology such as a recorded zoom meeting. Step 3: Analysis and Reflection (Individual) You can now build on what you have written for your report as part of step 1 by analysing the dynamics and roles you have observed within the team, discussing in your report how you believe they were influenced by team members’ LPA’s, Strengths Quest Talents, EI and cultural backgrounds. You should also use academic resources to support your ideas. In your report, you should also reflect on what you have learnt about your capacity to contribute effectively to a team and provide recommendations regarding how you could further improve your contribution to a team in your future professional practice.

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