TOPIC 1Discussion Topic: Porter’s Five Force AnalysisChoose an industry in which you would like to compete globally. Use the Five-Force method of analysis to explain why you find that industry attractive for business.Please remember to use APA citation (text and list references) to further validate your initial responses. Take time to review the responses of your classmates and provide your feedback.TOPIC 2Discussion Topic: Business Level StrategyVisit the websites of two luxury car makers:Lincoln at http://lincoln.comBMW at http://www.bmwusa.comThese two automotive giants compete in the same strategic group. Browse each website and search for each company’s business-level strategy.How are the luxury car competitors’ strategies similar? In what manner are they different? Which company has the competitive advantage and why?TOPIC 3Discussion Topic: Corporate Social Responsibility and the FutureCorporate social responsibility (CSR) is an “idea that business has [as] a duty to serve in general as well as the financial interest of stockholders” (Pearce & Robinson, 2013, p. 57). Do you believe society’s expectations for CSR will change in the next decade (p. 85)? Please explain.TOPIC 4Discussion Topic: The Importance of Strategic ControlsRetail companies like Walmart are heavy users of strategic control systems. Think about how it utilizes RFID technology to track products from inventory to the market shelves. Discuss how Walmart relies upon strategic surveillance, special alert control, and implementation control. What improvements might you suggest to the company’s COO relative to strategic control and why?
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