Industry Overview Flashcards

1
Q

CONSUMER / RETAIL - Subsectors (2)

A
  • Consumer staples

* Consumer discretionary

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2
Q

CONSUMER / RETAIL - Major Players (6)

A
  • Amazon
  • Coca-Cola
  • Nike
  • P&G
  • Unilever
  • Walmart
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3
Q

CONSUMER / RETAIL - Key Issues (7)

A
• Consumer preferences; matching supply with 
demand
• Product innovation
• Brand and customer loyalty
• Supply chain management
• Risk of a price war
• Risk of cannibalization
• Unit-level profitability
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4
Q

CONSUMER / RETAIL - Industry trends (6)

A
  • Shifting consumer preferences
  • Omni-channel sales approach
  • Dominance of Amazon and e-commerce
  • Preference for natural/organic
  • Product personalization
  • Digital and social media marketing
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5
Q

CONSUMER / RETAIL - Revenue drivers (7)

A
• Macro-economic health and disposable 
income
• New products
• New stores
• New customers; existing customers
• Average spend per customer
• New channels
• Pricing power
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6
Q

CONSUMER / RETAIL - Cost drivers (3)

A
  • Input costs (e.g., fabrics, plastic)
  • Production
  • Marketing
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7
Q

FINANCIAL SERVICES - Subsectors (6)

A
  • Investment Banking & Capital Markets
  • Corporate and Commercial Banking
  • Custody and Fund Administration
  • Asset Management
  • Retail Banking
  • Insurance
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8
Q

FINANCIAL SERVICES - Major players (7)

A
  • Bank of America
  • BlackRock
  • Citi
  • Fidelity
  • Goldman Sachs
  • J.P. Morgan
  • Wells Fargo
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9
Q

FINANCIAL SERVICES - Key issues (5)

A
  • Margin pressure
  • Customer experience
  • Compliance
  • Globalization
  • Balance sheet / leverage
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10
Q

FINANCIAL SERVICES - Industry trends (5)

A

• Increased regulation, in often disparate forms
globally
• Shifting consumer demographics
• Digital future
• New technologies (e.g., blockchain, A.I.)
• Best and brightest taking jobs outside of
finance

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11
Q

FINANCIAL SERVICES - Revenue drivers (4)

A
• New customers
• New locations
• Deepening spend and cross-sell with existing 
customers
• Fee vs. commission based product rates
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12
Q

FINANCIAL SERVICES - Cost drivers (4)

A
  • Infrastructure
  • People
  • Physical locations
  • Borrowing rate
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13
Q

TMT - Subsectors (7)

A
  • Computers
  • Internet
  • IT Services
  • Semiconductors
  • Software
  • Media
  • Telecom
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14
Q

TMT - Major players (9)

A
  • Apple
  • AT&T
  • Comcast
  • Disney
  • Facebook
  • Google
  • IBM
  • Microsoft
  • Netflix
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15
Q

TMT - Key issues (7)

A
  • IP (Intellectual Property)
  • Growth / scale of new technologies
  • New digital business models
  • Cybersecurity
  • Customer experience management
  • Regulatory environment
  • Competitive dynamics
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16
Q

TMT - Industry trends (4)

A
  • Convergence of TMT
  • Rapid innovation
  • Evolving customer demands
  • Prevalence of digital content
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17
Q

TMT - Revenue drivers (3)

A
  • New customers – the “S” curve
  • New products
  • Positive network effects
18
Q

TMT - Cost drivers (2)

A
  • High investment costs

* Cost to acquire new customers

19
Q

OIL & GAS - Sub-sectors (6)

A
  • Oil markets
  • Natural Gas
  • Upstream
  • Midstream
  • Downstream
  • Oilfield services
20
Q

OIL & GAS - Major players (5)

A
  • BP
  • ExxonMobil
  • Marathon Petroleum
  • Royal Dutch Shell
  • Schlumberger
21
Q

OIL & GAS - Key issues

4

A
  • Market demand
  • Competitive dynamics
  • Capacity expansion
  • Operational excellence
22
Q

OIL & GAS - Industry trends (5)

A
  • Price volatility
  • Technological innovation to unlock shale gas
  • New market entry
  • New sources of supply
  • Heightened focus on sustainability
23
Q

OIL & GAS - Revenue drivers (2)

A
  • Price

* Supply of oil & gas

24
Q

OIL & GAS - Cost drivers (5)

A
  • High investment costs
  • Refining
  • Marketing
  • Transportation Variable manufacturing costs
  • Sales and marketing
25
Q

HEALTHCARE - Client types (4)

A
  • Payers / Insurance
  • Providers
  • Pharma
  • Medical Devices
26
Q

HEALTHCARE - Major Players (6)

A
  • Aetna/CVS
  • CIGNA/ Express Scripts
  • Blue Cross Blue Shield
  • Kaiser Permanente
  • Johnson & Johnson
  • Pfizer
27
Q

HEALTHCARE - Key Issues (3)

A
  • Cost effectiveness of treatments
  • FDA approval
  • R&D productivity
28
Q

HEALTHCARE - Industry trends (4)

A

• Aging population
• Payer consolidation
• Influence of technology on personalized
medicine and prevention
• New R&D technologies driving specialization

29
Q

HEALTHCARE - Revenue drivers (4)

A
• Number of patients (covered in target 
treatment population)
• Number of treatments (including frequency of 
use)
• Geographic expansion
• Pricing
30
Q

HEALTHCARE - Cost drivers (2)

A
  • High R&D costs

* Insurance reimbursement

31
Q

AUTO & TRANSPORT - Sub-sectors (3)

A
  • Auto manufacturers
  • Auto component suppliers
  • Airlines
32
Q

AUTO & TRANSPORT - Major players (7)

A
  • FedEx
  • Ford
  • General Motors
  • Goodyear
  • Lufthansa
  • Toyota
  • UPS
33
Q

AUTO & TRANSPORT - Key issues (3)

A
  • Manufacturing and supply chain management
  • Safety concerns and recalls
  • Product innovation
34
Q

AUTO & TRANSPORT - Industry trends (4)

A
  • Digitalization across the value chain
  • Disruptive competition and innovation
  • Heightened focus on sustainability
  • Ride sharing
35
Q

AUTO & TRANSPORT - Revenue drivers (4)

A
• Number of vehicles sold; how often people 
purchase vehicles
• New customers
• Pricing
• Capacity (for airlines)
36
Q

AUTO & TRANSPORT - Cost drivers (3)

A
  • Manufacturing
  • Marketing
  • Maintenance
37
Q

FINANCIAL SERVICES - Subsector Definition • Investment Banking & Capital Markets

A

Capital markets groups are units of a company or investment firm that handle financial and banking services for a set of clients or customers. These corporate divisions may exist within larger financial institutions to help with specific services such as obtaining leases, acquiring other companies, or issuing debt.

38
Q

FINANCIAL SERVICES - Subsector Definition • Corporate and Commercial Banking

A

Corporate banking refers to the aspect of banking that deals with corporate customers. Commercial banks make loans that enable businesses to grow and hire people, contributing to the expansion of the economy. Both types of banks offer various products and services.

39
Q

FINANCIAL SERVICES - Subsector Definition • Custody and Fund Administration

A

Core functions in global custody include fund administration and fund accounting (calculating how much income funds are making and spending), settlements (delivering securities to the buyer and the money to the seller), and corporate actions (keeping track of dividend payments for equities and coupon payments for bonds

40
Q

FINANCIAL SERVICES - Subsector Definition • Asset Management

A

Asset management is the direction of all or part of a client’s portfolio by a financial services institution, usually an investment bank, or an individual. Institutions offer investment services along with a wide range of traditional and alternative product offerings that might not be available to the average investor.

41
Q

FINANCIAL SERVICES - Subsector Definition • Retail Banking

A

Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking. Banking services which are regarded as retail include provision of savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards. Retail banking is also distinguished from investment banking or commercial banking. It may also refer to a division or department of a bank which deals with individual customers.

42
Q

FINANCIAL SERVICES - Subsector Definition

• Insurance

A

Insurance is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company. The company pools clients’ risks to make payments more affordable for the insured.