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ACCT 3323 Advantage Making Business Decisions Discussion

ACCT 3323 Advantage Making Business Decisions Discussion

ACCT 3323 Advantage Making Business Decisions Discussion

BC # 1 Competitive Advantage Making Business Decisions

(Estimated time 1-1.5 hours)

Review the Broadway Café (Assume café is in Halifax) virtual tour at http://www.cohesioncase.com/ you will have to copy the link into your browser. Virtual tour not necessary to do the assignment. Just assume you have inherited the cafe from your grandfather and you are located in Halifax. The Cohesion Case overview link has the same info.

Be sure to use handouts (attachments) and the text to provide additional support for your answers. State any assumptions you feel you need to make.

Michael Porter’s Five Forces Model is a useful tool to aid organizations facing the challenging decision of entering a new industry or industry segment. The Five Forces Model helps determine the relative attractiveness of an industry and includes:

  • Buyer Power
  • Supplier power
  • Threat of substitute products or services
  • Threat of new entrants
  • Rivalry among existing competitors

Deliverables:

1. Perform a detailed Porter’s Five Forces analysis for The Broadway Cafe. (Be sure to highlight entry barriers, switching costs, and substitute products)

2. Determine which of Porter’s Three Generic strategies you will use as you rebuild The Broadway Cafe for the 21st century (explain why)

NEED IT BEFORE 12 AM

 

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