UC Business Industrial Job Opportunities Discussion
Question I – What industries do you think may offer the best U.S. (or domestic) job opportunities in the future? Which industries do you think may offer the greatest job opportunities in the global market in the future? Use the PESTEL framework and the five forces model to think through a logical set of reasons that some fields will have higher job growth trends than others.
Question II – How do the five competitive forces in Porter’s five forces model affect the average profitability of the industry? For example, in what way might weak forces increase industry profits, and in what way do strong forces reduce industry profits? Identify an industry in which many of the competitors seem to be having financial performance problems. Which of the five forces seem to be strongest?
The assignment is to answer the question provided above in essay form. This is to be in narrative form. Bullet points should not be used. The paper should be at least 2-2.5 pages in length, Times New Roman 12-pt font, double-spaced, 1-inch margins, and utilizing at least one outside scholarly or professional source related to organizational behavior. This does not mean blogs or websites. This source should be a published article in a scholarly journal. This source should provide substance and not just be mentioned briefly to fulfill these criteria. The textbook should also be utilized. Do not use quotes. Do not insert excess line spacing. APA formatting and citation should be used.
Refer to Chapter 3. External Analysis: Industry Structure, Competitive Forces, and Strategic Groups and Chapter 4. Internal Analysis: Resources, Capabilities, and Core Competencies from the following book:
Rothaermel, F. T. (2021). External Analysis: Industry Structure, Competitive Forces, and Strategic Groups and Internal Analysis: Resources, Capabilities, and Core Competencies. In Strategic Management (5th ed.). McGraw-Hill Education.
