Q Make sure you have read About Real-world Example Posts & Comments before completing this assignment. If you signed up to make your real-world example post for this week (Week 3), please follow the instructions below. Do NOT participate if it is not your turn. Click the Google Sheet (Links to an external site.) to double check. This post is worth 20 points, and you will win 3 bonus points if your post receives the great number of comments among all the posts made in this week. Your post will be graded based on the same rubric Actions used for discussion threads. Instructions: - Please provide a real-world example to illustrate the concepts of Industry Life Cycle, Business Model, or Turnaround Strategies. • If you choose the Industry Life Cycle framework, please pick an industry and a company within that industry. You will first discuss what stage of the Life Cycle the industry (NOT the company) is currently in. You should provide data or factual evidence to support your judgment. After that, you will analyze the strategies that the company you pick uses to compete in the current stage of the industry. Be sure to discuss whether you think the company's current strategies are suitable and whether any strategic changes are needed to enhance the company's competitive advantage. Your discussion must be closely based on Chapter 5 (pp.160-163). • If you choose to focus on Business Model, pick a company and discuss each of the 9 components in the company's business model (see Supplemental Material). • If you choose to focus on Turnaround Strategies, pick a company that has recently experienced a successful turnaround. Provide data (e.g., revenues, profits, debts) to show the before versus after performance. Discuss the specific strategies that the company employed to reverse performance decline and reinvigorate growth. Be sure to base your discussion on Chapter 5 (pp.164-165). - Please choose a company that is NOT covered in this week's learning materials or discussion thread. This is in order to increase the diversity of companies we discuss. - Please do NOT comment on the other students' posts if you are making your own post this week. - Keep in mind that your post is unlikely to receive the most comments if you do not make it available to the class early enough.