1. Decide on what industry you are examining. (Car industry)
2. Collect a range of high-quality sources on that industry.
3. Analyze those information sources using strategic management concepts like cost leadership strategy, differentation strategy, focus strategy, TQM and etc.
4. Develop recommendations applicable to any company seeking to successfully operate in that industry.
5. Report your analysis and recommendations in a written report. Apply knowledge of industry analysis (particularly Porter’s 5 Forces). Effectively communicate a persuasive view of an industry in a professional manner.