1. Select two strategic management models:? Porter’s Five Forces
? VRIO analysis
2. Use real examples to demonstrate how the two models can be applied to the following sector: mobile phone manufacture.
3. Critically evaluate the 2 models, identifying their strengths and limitations. Provide some suggestions for dealing with these limitations.
4. Based on your analysis, what recommendations would you make to a mobile phone manufacturing company currently developing a strategy to improve their competitiveness in this industry? Provide an explanation of how these recommendations would improve their strategy.