Industry analysis is the analysis of a specific branch of manufacturing, service, or trade. Understanding the industry in which a company operates provides an essential framework for the analysis of the individual company-that is. company analysis Read Pages 374-375 Describe the methods by which companies can be grouped, current industry classification systems, and classify a company, given a description of its activities and the classification system. Industry analysis is the analysis of a specific branch of manufacturing, service, or trade. Understanding the industry in which a company operates provides an essential framework for the analysis of the individual company-that is. company analysis Read Pages 374-375 Describe the methods by which companies can be grouped, current industry classification systems, and classify a company, given a description of its activities and the classification system