Business analytics milestone 1

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Milestone 1: The Five Forces

Instructions

Milestone 1: The Five Forces

In this assignment you're going to put yourself in the shoes of a newly hired business analyst.  Select an industry you're interested in; it could be one in which you currently work, or one you would like to work in.  Imagine you've been hired by an entrepreneur interested in entering that industry with a new technology. Prepare a short report (1-2 pages) in which you: 

1. Define the industry you're studying: what products or services are included?  Where do you draw the line between that industry and others?

2. Select one of the five forces. Analyze that force for your chosen industry. Be sure to address each of the structural elements for that force.

3. Offer advice as to whether or how the entrepreneur should enter that industry

This assignment will provide you with practice in writing as a business analyst and will allow you to apply the frameworks you are learning in class to an industry you're interested in.  

Guidelines

1. Your report should be 1-2 pages, and should be written in clear and professional language.  You will need to cite the sources you use using APA 7 style.  Your list of works cited does not count towards your page limit. 

2. You can find information about the conditions within an industry using reports, economic forecasts, news articles, interviews or academic articles.  If you're having trouble locating information, reach out to the professor or to UMPI's library services.

What to include in your submission

1. 1-2 page report

2. Works Cited