The Service Industry

Use single-spaced and font 11. The maximum length of the document is 5 pages excluding bibliography and appendices. Submitting a document of the maximum length is neither necessary nor sufficient for a high mark. 1. A service is an intangible (e.g. a haircut or hotel stay). Pick any service as long as you can answer questions 2, 3, 4, and 5. Use half a page or less. [10 marks] a) Describe a service that you bought in the last twelve months. b) When did you buy it? c) Where did you buy it? d) From which company did you buy it? (It has to be from a company, not from an individual.) e) How much did you pay? If applicable, provide the amount in the original currency and the equivalent in British pound. f) On a scale of 1 (low) to 10 (high), how satisfied are you with your purchase. Why? 2. For the service that you picked for question 1, answer these questions about an industry analysis. Explain each of your responses. [25 marks] a) Who are the relevant players? b) What is the weakest force? c) What is the strongest force? d) From the perspective of an incumbent, how attractive is the industry on a scale of 1 (low) to 10 (high)? e) From the perspective of an incumbent, will the industry’s attractiveness increase / decrease / stay the same over the next five years? 3.  For the service that you picked for question 1, answer these questions about an industry analysis. Explain each of your responses. [25 marks a) Who are the relevant players b) What is the weakest force? c) What is the strongest force? d) From the perspective of an incumbent, how attractive is the industry on a scale of 1 (low) to 10 (high)? e) From the perspective of an incumbent, will the industry’s attractiveness increase / decrease / stay the same over the next five years. 4. For the service that you picked for question 1, choose a different but related industry, and one that the company you bought the service from is not active in, and answer these questions related to diversification. [20 marks] a) Briefly describe the related industry. b) Draw the value chains for the company you bought the service from and for a typical company in the related industry. You may choose a level of abstraction as Page 5 of 8 in the S5 asynchronous video (“Step 1: Finding synergies”) instead of in the S3 asynchronous video (“Value chain activities – What are they?”). No need for a description as long as the steps in your value chains are clearly labelled. c) What synergies exists between the company you bought the service from and a typical company in the related industry? Explain. 5. Answer these questions about divestiture. Assume a company is active in the industry picked in question 1 (“focal industry”) and the related industry chosen in question 4 (“related industry”). Explain each of your responses. [20 marks a) Under what conditions, would a company exit from the focal industry using a selloff. Be specific. b) Under what conditions, would a company exit from the focal industry using a spin-off. Be specific This assignment contributes towards the achievement of the following stated module Learning Outcomes as highlighted below: ? Describe the business model of a company ? Conduct a competitive analysis of an industry ? Suggest a value innovation for a company ? Select among alternative diversification moves? Select among alternative divestiture moves

Struggling to find relevant content? Order a custom essay on
The Service Industry
Let our experts save you the hassle
Order Now
Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
Sign up, place your order, and leave the rest to our professional paper writers in less than 2 minutes.
step 1
Upload assignment instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
s
Get personalized services with GPA Fix
One writer for all your papers
You can select one writer for all your papers. This option enhances the consistency in the quality of your assignments. Select your preferred writer from the list of writers who have handledf your previous assignments
Same paper from different writers
Are you ordering the same assignment for a friend? You can get the same paper from different writers. The goal is to produce 100% unique and original papers
Copy of sources used
Our homework writers will provide you with copies of sources used on your request. Just add the option when plaing your order
What our partners say about us
We appreciate every review and are always looking for ways to grow. See what other students think about our do my paper service.
public speaking
The work was excelent and very professional.
Customer 452653, November 1st, 2021
IT, Web
Excellent job on the paper.
Customer 452885, January 25th, 2023
Nursing
Great Work!
Customer 452453, April 26th, 2023
Business and administrative studies
GREAT
Customer 452813, June 30th, 2022
Nursing
Great paper!
Customer 452707, January 14th, 2024
Nursing
Paid for the paper to be completed 5 days prior than the day I received the paper.
Customer 452693, July 13th, 2022
Technology
I can work with it and massage it to what I need. Thank You
Customer 452827, July 19th, 2022
Nursing
excellent service! Not a beat missed!
Customer 452453, October 17th, 2021
Human Resources Management (HRM)
Thanks for your support.
Customer 452701, May 10th, 2023
Financial Statement Analysis
Thanks for the help
Customer 452821, March 10th, 2023
Nursing
Perfectly done! Thanks again.
Customer 452707, July 18th, 2022
Human Resources Management (HRM)
Thank you
Customer 452701, September 15th, 2023
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat

Good News ! We now help with PROCTORED EXAM. Chat with a support agent for more information