hosp3

We will be using the case study from last week “Forked River Brewing Company” for this assignment.  This week we will focus on Porter’s 5 Forces model.  The premise of the 5 forces model is that it is used to determine how each force affects the industry, either as threat or an opportunity.  For this assignment you will be using the 5 Forces model and analyze how each of these forces impact Forked River Brewing.  The purpose of this is so the operators of Forked River Brewing company can gain a better understanding of their current position within the industry.  Like last week’s PESTEL, the goal is to gain a better understanding of the external (uncontrollable) forces that provide either opportunities or threats.

1. Watch the video and read the article on the 5 forces model.

2. Review the 5 Forces example (Starbucks)

2.  Download the 5 Forces template

3.  Read the case study ” Forked River Brewing”

4.  Rate the strength of each force on the impact they have on the industry (Low, Low to Moderate, Moderate, Moderate to High, High)

5.  Write 3-4 qualitative statements for each to support your rating.