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:

Four-drive Theory

A motivational theory suggesting that human beings have four basic drives: the drive to acquire, the drive to bond, the drive to learn, and the drive to defend.

Emphasis

Special importance, value, or prominence given to something.

Information

Data, facts, or knowledge provided or learned about something or someone.

Reader-centred

Writing or presenting information in a way that focuses on and meets the needs and interests of the reader.