Discussion

Q1- Read the article at the following link.

https://www.mckinsey.com/business-functions/strate…

(Question):

  1. Define Strategic Thinking.
  2. List the three ways in which companies formulate strategy.
  3. Explain any one rule of strategic thinking.

 

Q2- Watch the video at the following link.

(Question):

  1. List the five forces of “Porter’s five forces” industry framework.
  2. Illustrate Porter’s five forces industry framework through a local example.

 

Q3- Watch the short video at the following link

(Question):

  1. Describe Business Model.
  2. List the nine building blocks of the Business Canvas Model.
  3. Explain any one building block of the Business Canvas Model along with an appropriate example.