Industry isInformation Technology

INSTRUCTIONS: There is no page requirement, but all questions must be fully answered. The below questions should be based on the companyLockheed Martinand the industry isInformation Technology.

1. Competitive position of your company within its industry. An analysis of the strengths and weaknesses of your company from the point of view of the Resource Based View of the Firm model and any other strategy frameworks that provide insight into your company’s strategic competitiveness. Discuss your company’s strategy for competitive advantage (i.e. cost leader, differentiation, etc.) and your opinion about how they might change or improve this strategy.

2. Growth potential of your firm. Analyze the opportunities and threats of your firm, how your firm, based on its resources, can determine business opportunities as a result of the external environments. To do this please use the PESTEL model (politics, economics, society, technology, environment, legislation).