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ASSIGNMENT ON STRATEGIC MANAGEMENT BY, JATINDER KUMAR GIRI Introduction The music industry plays important role in role of human being .The IFPI ( international federation of phonographic industries) describe the role, importance and functions of music industries. Music industries not gives relax but it gives knowledge about the its importance’s of music in human life. There are many record companies and music publishers in the core of music industries. They all plays importance in the music business. The music industry is a British economic success story contribution nearby £5 billion per annum to British economy. My this assignment gives knowledge about the different key factors and key issues and key drivers for change from the external environment. And indentify the critical success factors of large companies in this industry. It also tell us the level to which the external pressure or change has played a part in large companies to bring changes. The growth of music industries is growing day by day and its importance’s is increasing every day. There are different elements that contributes its growth and different elements that contributes towards the increased uptake of mobile social networks is the music industry. Music industry is so much big and vast that shows the growth of the music industry. In this world the music industry is growing day by day. People are using mobile phones to downloading ring tones and music videos and different music files , they use to downloading faster than hot new artists can produce them . If we see according to the economic point of view the music industry the cost of making music files and different video are associated with the ...