l'Oreal Peat Analysis

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Table of Contents 1.0 Introduction……………………………………………………………………2 2.0 Evaluation of Porters Diamond Model 2.1 Introduction to the Framework………………………………………………2 2.2 Components of the Framework Helping International Managers Make Strategic Decisions…………………………………………………………………3 2.2.1 Factor conditions……………………………………………………………..4 2.2.2 Demand conditions……………………………………………………………5 2.2.3 Related and Supporting Industries…………………………………………..5 2.2.4 Firm Strategy, Structure and Rivalry……………………………………….5 2.3 The Clusters Element……………………………………………………………6 3.0 Usefulness in Strategic Decision Making……………………………………….7 4.0 Major Critiques of Porters Framework………………………………………..7 4.1 Doubled Diamond vs. a Single National Diamond……………………………..7 5.0 Empirical Analysis of Appropriateness of Double Diamond Model to Complement Porters Framework…………………………………………………...9 6.0 Conclusion……………………………………………………………………….10 7.0 References……………………………………………………………………….12 1.0 Introduction In this paper, there would be an evaluation of the usefulness of Michael Porter’s Diamond model as a tool for analysis by international business managers in strategic decision-making. There would be specification of the kind of strategic decisions that international business managers will make using Porter’s Diamond model. There would then be a comparison made of the Diamond Model with other strategic analytical tools that are relevant to making international strategic decisions and discuss how they can possibly complement the limitations of the Diamond Model’s strategic analysis. There would be a critically analysis of the comments and criticisms given by other authors in regards to Michael Porter’s Diamond and the other strategic analytical tools selected. 2.0 Evaluation of Porters Diamond Model 2.1 Introduction to the Framework In theory, it would be important to have

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