Business Policy and Strategy Discussion

Hello, this is just a Discussion Board and you need to choose to answer three of the six questions. There is no format requirement and a Reference is required.

From the 6 questions below, please choose 3 questions to answer completely.

  1. Porter’s five force model is a great tool for determining the nature of competition in any industry. Name, and discuss, each of the five forces.
  2. What is the role of competitive intelligence in strategic analysis?
  3. What does it mean to have a “global” mindset?
  4. Distinguish between tangible and intangible resources. Provide examples.
  5. Describe each of the four criteria of sustainable competitive advantage+
  6. How do value chain activities relate to the above criteria?

My major is Hospitality.

thank you.