BUS 602 Final question 2

What analyses might a manager do to learn more about a specific industry? Please provide at least three examples.

A manager could perform several types of analyses to learn more about specific industries. Growth rate analyses for the industry can help to predict immediate future trends in the industry, combined with a trend analysis, which would enhance the results to be analyzed. Managers can perform financial ratio analyses to determine what general direction the industry is headed in, and would allow management to make comparisons from past periods (quarters or years) to the present, which would indicate current trends in the industry. The information obtained can also tell the manager if the company's goods in the specified industry have seen recent increases...