Week 6 Reading Reflection

1) What was the biggest surprise for you in the reading?

I was surprised by the author’s point describing how a fast-growing industry does not necessarily guarantee success. I would initially think that a fast-growing industry would be very successful and I’d be curious to hear more examples disproving this.

2) Identify at least one part of the reading that was confusing to you.

The section describing threat of entry described expected retaliation as an indicator of whether or not a firm chooses to enter or stay out of an industry. I found this confusing at first and didn’t previously think of it as a possible threat to entry into an industry.

3) I would ask the author

a) How he views government interference in industries?

b) When is a fast-growing industry not a good thing?

4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?

There was nothing that I necessarily disagreed with in the article. It provided a lot of insight into how all of the factors collectively influence an industry.  The article contained more support and detail than some of our past textbook readings, which I appreciated.