Imagine yourself as the CEO of a Large Firm in an Industry

Name: …………………………………………………Student ID………………………….
Class Activity 1
Question: Imagine yourself as the CEO of a large firm in an industry in which you are interested. Please (1) identify significant trends in the general environment of your firm, (2) analyze their impact on the firm.
One of the most important concepts that any student or business manager must know is a competitive advantage. This concept refers to a company’s strengths that make it different and stand out against its competitors. Accordingly, although some companies would inevitably be similar, specific strategies could gain a competitive advantage.
Accordingly, the automobile sector is one of the most established yet ever-growing business industries. This is because, despite its long-established existence in history, the demand for both traditional vehicles and innovative approaches to it helps maintain and increas...