Industry Analysis

 

review Figures 3.3, p.65 from your textbook. Complete an Industry Analysis for two different industries then compare these industries by answering the following questions.

Detail Porter’s Five Forces framework with a graphic representation, like Figure 3.3, (p.65), and a written explanation in relation to the Five Forces for both industries.
Use the results from Porter’s Five Forces framework to explain the reasons why profitability is what it is in the two different industries expressed as high, intermediate, or low.
Explain the structural features of that industry that generate either high or low profitability.
How are structural changes likely to impact competition and profitability in these industries? Is this industry attractive for investment? Why or why not?

 

Sample Solution

The first of the five forces is related to the number of competitors and the ability to cut down on the company. The greater the number of competitors and the number of equivalent products and services they offer, the weaker the company. Suppliers and buyers seek to compete with the company when they can offer better deals or lower prices. Conversely, when competitiveness is low, companies have greater power to charge higher prices and set conditions in order to generate higher sales and profits. Possibility of new entry into the industry The power of the company is also influenced by new entrants

n expansion to the Knowledge Argument, Jackson uses the Modal Argument and the “What is it Like” Argument (currently talked about above) to additionally demonstrate his decision. For the Modal Argument, Jackson depends on the rule that “no measure of actual data about another sensibly involves that the person is cognizant or feels anything by any stretch of the imagination” (Jackson). Physicalists and qualia adherents the same can concur that there is plausible of a world indistinguishable from our own in each actual regard however divergent in that the creatures that involve this indistinguishable world have no intellectual ability or life by any stretch of the imagination. As there is something about us that gives us intellectual ability that they need, physicalism should be misleading in light of the fact that there is something else to us besides the simply physical.

Albeit the Modal Argument and the What it is Like Argument are significant, the profundity of Jackson’s contention against physicalism basically depends on the Knowledge Argument. To forestall disarray, Jackson explains three things with respect to the Knowledge Argument and Mary.

In the first place, the contention doesn’t guarantee that you can’t envision what it resembles to see red. In this way, the contention doesn’t depend on the place that Mary can’t envision what it resembles to see red, however that Mary can’t really know what it resembles to see red until she has seen red. She can envision perpetually, yet the information isn’t there. Jackson asserts that “creative mind is a personnel that the people who need information need to return to” (Jackson).
Second, Jackson contends that Mary’s learning of the experience of seeing red didn’t depend on consistent derivations. In the wake of leaving the high contrast room and seeing red, Mary doesn’t guarantee that she might have known about seeing red without leaving the room assuming she might have utilized more legitimate deductions while in the room.
Third, Jackson repeats that Mary needed data about the experience of others. Jackson alludes to the absence of data as an issue for physicalists since Mary understands her origination of others’ psychological life has been “ruined” through her reality. Despite the fact that she knew the actual realities the whole time, she didn’t have all the data with respect to their encounters. Subsequently, physicalism is compromised considerably further.
There are a few rationalists who don’t really line up with Jackson’s point of view. David Lewis has the most grounded issue with Jackson’s qualia position. Lewis shapes his issue with Jackson utilizing the Ability Hypothesis and the Hypothesis of Phenomenal Information. Lewis contends that Mary leaves the highly contrasting room, she learns she can realize what seeing red is like. Accordingly, Mary is becoming mindful of capacities, not learning new data. That is, Mary learns the capacity to see red. Lewis utilizes the Hypothesis of Phenomenal Information to contend tha

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