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picture1_Business Spread Sheet 42458 | Ch05 Item Download 2022-08-16 02-18-03


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File: Business Spread Sheet 42458 | Ch05 Item Download 2022-08-16 02-18-03
assessing industry assessing industry conditions conditions copyright 2004 south western all rights reserved 5 2 learning goals learning goals identify industry conditions that impact business performance explain why some firms ...

icon picture PPT Filetype Power Point PPT | Posted on 16 Aug 2022 | 3 years ago
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             Assessing Industry 
             Assessing Industry 
                      Conditions
                      Conditions
   Copyright © 2004 South-Western. All rights reserved.              5–2
                Learning Goals
                Learning Goals
    •Identify industry conditions that 
     impact business performance.
    •Explain why some firms are more 
     exposed to industry conditions.
    •Explain how a firm can compete in 
     its industry.
   Copyright © 2004 South-Western. All rights reserved.              5–3
     Industry Characteristics
     Industry Characteristics
    •Firm performance can be highly 
     dependent on industry 
     characteristics:
      –Industry demand
      –Industry competition
      –Labor environment
      –Regulatory environment
   Copyright © 2004 South-Western. All rights reserved.              5–4
       Small Business Survey
       Small Business Survey
     Are Firms Affected by 
     Industry Regulations?
    Copyright © 2004 South-Western. All rights reserved.                5–5
            Impact of Industry 
            Impact of Industry 
                        Demand
                        Demand
    •Industry demand
      –Total demand for the products in an industry 
         can be affected by:
         Population growth
         Seasons and weather
         Economic conditions
         Changes in consumer income levels and 
           preferences 
      –Impacts the performance of individual firms 
         in an industry.
   Copyright © 2004 South-Western. All rights reserved.              5–6
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...Assessing industry conditions copyright south western all rights reserved learning goals identify that impact business performance explain why some firms are more exposed to how a firm can compete in its characteristics be highly dependent on demand competition labor environment regulatory small survey affected by regulations of total for the products an population growth seasons and weather economic changes consumer income levels preferences impacts individual...

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