Conduct a Porter’s 5 Forces industry analysis for the Partyware industry. Using this analysis for guidance, evaluate the overall profitability of this industry. Based on your conclusion and analysis of the case, describe what you think Rose Partyware should do regarding determining its future strategy. What might be the potentially adverse implications of the course of action you are recommending? Suggest some steps the firm might take to mitigate these potentially negative consequences.
Conduct a Porter’s 5 Forces industry analysis for the Partyware industry.
