HOSP4060 We will be using the case study from last week "Forked River Brewing Company” for this assignment

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HOSP4060 We will be using the case study from last week "Forked River Brewing Company” for this assignment. This week we will focus on Porter's 5 Forces model. The premise of the 5 forces model is that it is used to determine how each force affects the industry, either as threat or an opportunity. For this assignment you will be using the 5 Forces model and analyze how each of these forces impact Forked River Brewing. The purpose of this is so the operators of Forked River Brewing company can gain a better understanding of their current position within the industry. Like last week’s PESTEL, the goal is to gain a better understanding of the external (uncontrollable) forces that provide either opportunities or threats. 1. Watch the video and read the article on the 5 forces model. 2. Review the 5 Forces example (Starbucks) 2. Download the 5 Forces template 3. Read the case study " Forked River Brewing" 4. Rate the strength of each force on the impact they have on the industry (Low, Low to Moderate, Moderate, Moderate to High, High) 5. Write 3-4 qualitative statements for each to support your rating. 6. Upload the assignment into ulearn This assignment is due Sunday at 2:00 PM EST VIDEO LINK: https://www.youtube.com/watch?v=lPHruQHAECw&list=WL&index=54&t=10s