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Level 5 Diploma in Business Management

Applying micro environment techniques: Porter’s 5 Forces and sector/industry analysis

BM501 · Principles and Concepts of Strategy — Week 10 of 16

CourseBM501
Week10 of 16
SemesterI
TutorOnline in the course chat

This week’s topics

Applying micro environment techniques: Porter’s 5 Forces and sector/industry analysis

  1. Porter’s 5 Forces analysis
  2. Sector/industry analysis
  3. Value chain analysis
  4. VRIO: Competitor analysis

What you will be able to do

  • 3.1 Explain different techniques used to measure a business’s micro environment.
  • 3.2 Apply techniques to measure a business’s micro environment.

Study materials

The teaching notes, exercises and videos of this week are in the student portal. Your portal is set up as soon as you receive final acceptance, so you can open them before the semester starts.
Week 9Week 11
Course chat

Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

Open this week in the portal
Course plan
  • Week 1: What business strategy is: operational, tactical and corpor…
  • Week 2: Strategic framework: vision, mission, objectives, strategy,…
  • Week 3: Strategy development processes: deliberate and emergent str…
  • Week 4: Types of business strategy: growth, diversification, cost l…
  • Week 5: The strategic management process: planning, execution and m…
  • Week 6: Organisational theories: Taylor, Weber, Fayol and the Hawth…
  • Week 7: Organisational theories: McGregor, Fiedler, Hersey and Blan…
  • Week 8: Midterm evaluation
  • Week 9: Techniques to measure the micro environment: internal envir…
  • Week 10: Applying micro environment techniques: Porter’s 5 Forces an…
  • Week 11: Techniques to measure the macro environment: PESTLE, scenar…
  • Week 12: Applying macro environment techniques to a business
  • Week 13: Strategic options: Ansoff matrix, Porter’s generic strategi…
  • Week 14: Internationalisation, mergers, acquisitions and joint ventu…
  • Week 15: Review and coursework completion
  • Week 16: Final evaluation and project assessment
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