Sunday, February 14, 2016

Week 6 Reading Reflection


1) What was the biggest surprise for you in the reading? In other words, what did you read that stood out the most as different from your expectations? 
 For this week's reading, it was Michael Porter: The Five Forces that Shape Competitive Strategy. The biggest surprise to me in this reading was how well boiled down market forces. The forces were well described in the reading, and it made me understand a complex concept in an easier fashion.
2) Identify at least one part of the reading that was confusing to you.
  I was initially confused by the assertion that being fast-growing as an industry does not always equal big profits. It was initially counter-intuitive to me, but it eventually made sense after reading the explanation.
3) If you were able to ask two questions to the author, what would you ask? Why?
 If I could ask the author any two questions, I would ask what types of industries are most often vulnerable to being fast-growing but not profitable. Secondly, I would ask how best to navigate government forces with regards to affecting the industry.
4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?
 There was nothing I particularly disagreed with while reading through the assigned reading.

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