Chat with us, powered by LiveChat Porters Five Forces Organizational Strengths Weaknesses Innovation | Wridemy

Porters Five Forces Organizational Strengths Weaknesses Innovation


Reminder: Do not forget about Porter's "Sixth" force. “Complementors” are Not the same as Competitors! 

Attached is the worksheet from week 1 and the new one called Porter's Five Forces that needs to be completed. Minimum of 200 words.

 Include citations 

MGT/576 v1

Porter’s Five Forces

MGT/576 v1

Page 2 of 2

Porter’s Five Forces

Complete the table below For the company you’ve decided to assess in week 1, determine the strength of each of Porter’s Five Forces and of the complementors. 


Justify your determination with examples. 

Industry force 


Provide a justifying your determination with examples






This is why I believe it is medium.

Threat of new entrants 

Power of buyers 

Power of suppliers 

Power of substitutes 

Rivalry among competitors 



Copyright 2020 by University of Phoenix. All rights reserved.

Copyright 2020 by University of Phoenix. All rights reserved.



MGT/576 v1


ABC/123 vX

Page 2 of 2

Entrepreneurial Strengths and Actions to Increase Value Creation

Company name: Target

Company website URL:

1. Diverse Product Range: Target boasts various products, ranging from clothing and electronics to groceries, catering to a broad customer base and enhancing its competitive advantage (admin, 2023).

2. Effective Supply Chain Management: The Company’s robust supply chain management ensures efficient inventory control, minimizing stockouts and maintaining consistent product availability.

3. Customer-Centric Approach: Target focuses on delivering an exceptional shopping experience with initiatives like customer loyalty programs, easy returns, and personalized offers through data-driven insights (admin, 2023).

4. Innovative Store Layouts: The retail giant frequently updates store layouts, integrating digital displays and creating themed sections to engage customers and encourage exploration (admin, 2023).

5. Strategic Partnerships: Target forms partnerships with exclusive brands and designers, attracting shoppers seeking unique, high-quality products.

Major Elements of the Company's Approach to Entrepreneurship and Value Creation:

A dynamic interplay between innovation, customer-centricity, and operational excellence characterizes target's approach to entrepreneurship. At the core of its strategy is a relentless commitment to understanding and meeting customer needs (Repko, 2022). Target gathers insights that inform its product assortment, pricing strategies, and service enhancements through market research, data analytics, and direct engagement.

The company's entrepreneurial spirit is evident in its willingness to experiment with novel retail concepts. Target leverages its physical and digital presence to create seamless omnichannel experiences, enabling customers to browse, order, and receive products through various channels (Repko, 2022). This multichannel approach expands its market reach and enriches the customer journey.

Value creation is intricately woven into Target's operational fabric. The company continuously refines its supply chain and inventory management systems, minimizing costs while maintaining product availability and quality. Data-driven decision-making empowers the optimization of store layouts, personalized marketing campaigns, and loyalty programs, fostering deeper customer relationships.

Furthermore, Target nurtures a culture of entrepreneurship within its workforce. Employees are encouraged to propose innovative ideas to enhance the shopping experience or streamline processes. This approach cultivates a sense of ownership and collective responsibility for the company's success.

1 action the company could take to increase entrepreneurial value creation

Target could invest in technology-driven solutions such as augmented reality (AR) and virtual reality (VR) experiences to further enhance entrepreneurial value creation. By allowing customers to virtually "try on" clothing or visualize furniture in their living spaces, Target could offer an engaging and interactive shopping journey, bridging the gap between physical and online retail. This innovation would align with Target's commitment to a cutting-edge shopping experience and could attract tech-savvy customers.


admin. (2023, March 21). Target SWOT Analysis – The Strategy Story. THE STRATEGY STORY.

Repko, M. (2022, March 1). Target thinks it can keep growing sales — here’s how the retailer plans to do it. CNBC.

Copyright 2020 by University of Phoenix. All rights reserved.

Copyright 2019 by University of Phoenix. All rights reserved.


Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.

Do you need an answer to this or any other questions?

About Wridemy

We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.

How It Works

To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

Are there Discounts?

All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.

Hire a tutor today CLICK HERE to make your first order

Related Tags

Academic APA Writing College Course Discussion Management English Finance General Graduate History Information Justify Literature MLA