1. Industry Report Please select an industry and write a rigorous industry report for your selected industry that incorporate the followings: ● The market structure of the industry by determining the concentration ratio in the industry and how market structure affects the entry into the market ● The nature of industry and the network effects ● The production structure of the industry, initial capital requirements, sunk costs, and economies of scale ● The prospect of industry in the future in regard to technological innovations 2. Company Report Now assume you are managing a company in this industry and are asked to write a Company Report about the long term strategic decision making of the company. The purpose of this report is to recommend a few policies to the CEO that assures a sustainable competitive advantage and long term profitability for the company. Please include the following variables in your Company Report: ● Sustainable market share and how it can be achieved ● Branding, reputation, and a considerable base of loyal consumers ● The managerial efficiency in strategic decision making regarding: o The integration and merger activity, vertical and horizontal integration o Preventing entry of rivals by pricing and cost policies such as limit pricing, predatory pricing, and raising rivals’ fixed or marginal costs .