The executive summary will contain a synopsis evaluating how an organization can use either Porter’s Value Chain or the Five-Forces Model to strengthen their value chain. This will be your first interaction with the client, and you want to be sure the client understands the organizational value chain management method.
Recommendation for the model used to strengthen their value chain management.
Provide attribution for credible sources.
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Answer preview
JBH electronics will benefit from porter’s 5 model analysis. This model will help the organization have a clear understanding of the factors that affect profitability in electronic understanding. Understanding the organization’s position in each of the forces enables acquiring clear insight into the capabilities and core competencies for effective strategy choices. Understanding the factors affecting profitability in the industry will also help the company decide whether to increase its capacity in the industry (Grundy, 2006). Porter’s five forces model is focused on the industry and not the firms and hence include a clear analysis of the potential opportunities and threats.
