Review Porter’s Five-Forces model of industry competition. Using your own words (do not copy definitions from the text), explain the model’s importance in the concept of strategic grouping within industries. Then, find a company with a “mission statement”. Do not use the military please. Pick a commercial company that is not routinely discussed.

Review Porter’s Five-Forces model of industry competition. Using your own words (do not copy definitions from the text), explain the model’s importance in the concept of strategic grouping within industries. Then, find a company with a “mission statement”. Do not use the military please. Pick a commercial company that is not routinely discussed. Select a company with a mission statement and tell us whether or not you think the statement is constructive and provides employees with motivation and strategic direction. Include the mission statement in your post.

Instructions:
Your initial post should be at least 250 words, not including repeated questions, references and quotes. Please respond to at least 2 other students. Responses should be a minimum of 100 words and include direct questions. Use your own words. Direct quotes should be rare in these short forum posts. If you do have a quote, you should add on to your post so that in the end you have 250 words of your own.