What Is the First Step of an Industry Analysis

question 10

Multiple Choice

What is the first step of an industry analysis?

• A) assessing competitive forces in the industry
• B) analyzing future changes in the industry
• C) identifying standards of the industry
• D) defining the industry

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Definitions:

Facial Expressions

Visual cues on the face that communicate emotional states or reactions to observers.

Cognitions

Mental processes involved in gaining knowledge and comprehension, including thinking, knowing, remembering, judging, and problem-solving.

Obesity

A medical condition involving an excess amount of body fat that increases the risk of health problems.

Adult Americans

Individuals over the age of 18 living in the United States of America, considered legally as adults.