Question
Exercise #1 Scenario: You are employed as an industry data analyst by Fedex Corporation. Your assignment is to research the growth trends for the Couriers
Exercise #1 Scenario:
You are employed as an industry data analyst by Fedex Corporation. Your assignment is to research the growth trends for the "Couriers and Local Delivery Services in the US" industry as defined by the US Census Bureau. You should include the most current data available, as well as examine data changes over the prior years. The data you find will be used as a baseline from which future industry growth will be predicted.
Research Source to Be Used: IBISWorld - Access through DU Library databases
Factual Questions:
- What is the relevant 5-digit NAICS (North American Industrial Classification System) code for Couriers and Local Delivery Services in the U.S.?
- What are the most recent yearly revenue (in millions of dollars) and number of establishments reported for this industry?
- Report the revenue percent change for each of the years available.
- Calculate the average revenue per number of businesses.
Critical Thinking Questions:
- What is your estimate of the industry size Fedex should forecast 5 years from now, in both dollars and percentage change?
- What data did you use to reach this estimate?
Submit a Word document listing the answers you found to all Factual Questions, plus an in-depth (2-3 paragraphs) answer to the Critical Thinking Question(s). Your paper should be in APA-format. Review the grading criteria in the rubric below prior to completing and submitting your assignment.
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