Apply Porter’s Five Forces Model to evaluate the attractiveness of the Chinese fireworks industry. Remember to evaluate all the relevant criteria for each of the five forces and provide a low, medium,

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  1. Apply Porter’s Five Forces Model to evaluate the attractiveness of the Chinese fireworks industry. Remember to evaluate all the relevant criteria for each of the five forces and provide a low, medium, or high rating for each factor.
  2. Complete a PESTEL analysis. (both the PESTEL and Portor’s analysis should be done on the FIREWORKS INDUSTRY, NOT ON the CHINESE INDUSTRY)
  3. If you were Jerry Yu, would you recommend investing in a Liuyang fireworks factory? Why or Why not? Provide pros and cons list to support your alternatives.