Topic 3- Industry Analysis Flashcards
1
Q
How do you classify industries by?
A
product
work
2
Q
What are the key characteristics in industry analysis
A
sales and earnings performance
permenance
government support
labour condition
3
Q
What are porter’s 5 competitive forces?
A
rivalry among existing firms threat of new entrants threat of substitute products bargaining power of buyers bargaining power of suppliers
4
Q
What are the types of industries when analysing the business cycle?
A
cyclical
defensive
growth
5
Q
What is the industry life cycle
A
pioneering development accelerating growth mature growth stabilisation and market maturity deceleration of growth and decline
6
Q
What is the difference between the business and industry life cycle
A
term
7
Q
What are the factors to consider in an industry life cycle analysis
A
net sales cost profit margin competition risk
8
Q
What are the common structural influences that affect how an industry goes through its life cycle?
A
social influences (demographics, lifestyles, social values)
technology
politics and regulations
