Industry analysis is a device that facilitates an organization's understanding of its position comparative with different companies that produce similar products or services. Understanding the forces at work in the general industry is a significant part of viable strategic preparation.
Exam Format and Information
Industry Analysis FAQs
What factors should be considered in industrial analysis?
• Past Sales and Earnings Performance.
• The Attitude of Government towards Industry.
• Work Conditions.
• Existence of Product Differentiations.
• Absolute Cost Advantages.
• Advantages Rising from Economies of Scale.
• Industry Share Prices Relative to Its Earnings.
How would you do an industry analysis?
• Direct foundation research.
• Gather your information.
• Break down your information.
• Compose your analysis.
• Assess your business.
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