2. Develop a personal vision statement.

To finish my study and reach my goals after 10 years.

3. Develop a personal mission statement.

To pass all my academic requirements in order to graduate.

4. Evaluate the competitive environment of your selected firm/business

using Porter’s five-forces model. Determine whether the forces are high
or low and briefly explain why. Suggest ways by which the forces that
are ‘high’ may be reduced

BARGAINING POWER OF SUPPLIERS

 Items are readily available from many suppliers.
 The switching cost is low.
 There is a surge in the availability of supplies.
 High volume purchases are important to seller.
Therefore, we conclude, that the bargaining power of supplier of
District Shawarma is low.
BARGAINING POWER OF BUYERS
 The buyers’ purchase the items in small quantities.
 Seller’s brand reputation is important to the buyer
Therefore, we conclude, the bargaining power of buyers is low.
EASE OF ENTRY OF NEW FIRMS
 Current brands are already well-known and established.
 Permits, licenses and inspections are needed.
 Existing businesses already have cost and performance down.
Therefore, we conclude, that the ease of entry of new firms is low.
AVAILABILTY OF SUBSTITUTE PRODUCTS
 Low switching costs.
 Easily and readily available substitutes.
 Consumers are looking for low price products.
Therefore, we conclude, that the availability of substitute products is
low.

RIVALRY AMONG EXTISTING FIRMS WITHIN THE INDUSTRY

 Slow industry growth.

 Substantial fixed cost/high exit barriers.
 There are well-known existing brand like Shawarma Shack.
Therefore, we conclude, the rivalry among existing firms within the
industry is high threat. The business must improve their business tactics in
marketing their business. They could offer promo such as buy 1 take 1.