Using the telecommunication industry, design a Strategic Group Map. Then, apply the Five Forces Model to the telecommunications industry

Using the telecommunication industry, design a Strategic Group Map. Then, apply the Five Forces Model to the telecommunications industry

Using the telecommunication industry, design a Strategic Group Map. Then, apply the Five Forces Model to the telecommunications industry. Identify which of the five competitive forces is strongest? Which is weakest? What competitive forces seem to have the greatest effect on industry attractiveness and the potential profitability of new entrants? Include rationale. Determine whether the strength of the five competitive forces, overall, will allow for you as a new entrant to introduce a new telecommunication product. Upload the Strategic Group Map and Porter’s Five Analysis to turnitin.

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Strategic group mapping is a concept that is used by organizations to group companies or organizations within an industry that have the same or similar business models (Forgang, 2001). This means that if the business for instance is a media, it could be categorized as radio or television.  Group map works in a chain, such that all these organizations are chained together, with one central organization. In a telecommunication industry, the industry depending on the geographical location can be divided into….

APA

491 words

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