Sift Cupcake and dessert bar caseCan you read the case and answer these questions :1- What are the dominant economic characteristics of the specialty baking market? Does it appear that the industrys prospects for growth and attractive profits aregood?3-How strong are the competitive forces confronting Sift and other specialty bakers? Which one of the five competitive forces is the strongest? Prepare a five forcesanalysis to support your answer.3-What key factors will determine a companys success in the specialty baking market in the next three to five years?4- Which of the companys resources and capabilities have the greatest competitive power? Are Sifts resources and capabilities (1) competitively valuable, (2) rare,(3) difficult to copy, and (4) not easily trumped by the substitute resources of rival firms? How well do Sifts resources and capabilities match up with theindustrys key success factors?5-What is your appraisal of Sifts financial performance based on the data in case Exhibit 9? How well is the company doing financially? Use the financial ratios inthe Appendix of the text as a guide in preparing the calculations needed to arrive at an analysis-based answer to your assessment of Sifts financial performance.6- Which of the three strategic options under consideration by Sifts owners have the best fit with its internal and external situations? What recommendations wouldyou make to Andrea and Jeff Ballus to strengthen the companys competitive position and future strategic and financial performance?Note : Page 35 at the end of the file ..