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Pick an industry or career to analyze and answer the questions below. Elaborate, use on wrds, no plgrism 1. describe the industry or career, including
Pick an industry or career to analyze and answer the questions below. Elaborate, use on wrds, no plgrism
1. describe the industry or career, including the relevant NAICS code (4 or 6 digit), your relevant region (local, state, national, global) in which operations occur or is planned to occur.
2. What is/are the relevant economic theory/theories that affect an industry?
- For example:
- Supply & Demand
- International trade?
- What regulations govern this industry?
- What is the market structure of this industry (consider the number of firms, number of buyers, market power)?
- Finally, given your region of interest (local, state, regional, national, international), evaluate/critique more generally the industry/career's competition in your region of interest.
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