Challenges to Industry Giants and Industry Change
These are two separate discussion posts, both need to be completed. Any references used should be in APA style.
Challenges to Industry Giants: In your lifetime, do you think companies such as Coke, McDonald’s, or Google will be overtaken by new, entrepreneurial companies? In a 200-250 word response, indicate why you selected your answer.
Industry Change: Select an industry. In a 250-300 word response, describe the strategic turning points that caused change in the industry. Identify and describe how one company within the industry successfully reacted to the need for change.
Answer Preview
In my opinion, such companies cannot be overtaken. These are companies that have been in business for years and years. For example, McDonald was founded in 1886 while Coca-Cola was founded in 1955, to start with such duration of time gives the companies an added advantage since they have already mastered their business, and they know what works and what does not…
(624 Words)