Above average returns competitive landscape business environment technological change I/O model

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From the first PRACTICE Activity, determine which of the two primary drivers of the competitive landscape is more influential. Explain your rationale. Identify an organization that could benefit from the application of the I/O Model of Above-Average Returns (Figure 1.2 page 15 in the text). Follow the five steps to justify your answer. Do not use Apple or Walmart in this exercise, nor should the organization you select be the same as another post. Be sure to incorporate relevant vocabulary/terms from the chapter and give us the “why”.

Use the internet or the Strayer Library to research an industry with a significant impact on your local economy (e.g., autos in Michigan or oil in Louisiana). Be prepared to discuss.

Use the internet or the Strayer Library to research a business failure. Be prepared to discuss.


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