Industry Condition 1. What knowledge do you possess that can contribute to serving a market need? Please

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Question:

Industry Condition

1. What knowledge do you possess that can contribute to serving a market need? Please respond in approximately 200 words.

2. What are the demand conditions in the market? Please respond in approximately 200 words. Industry Status

3. What is the lifecycle stage of the industry that you are interested in entering? Please respond in approximately 200 words.

4. What is the capital intensity, advertising intensity, company concentration, and average company size within your chosen industry? Please respond in approximately 200 words. Macroeconomic Change

5. What demographic and psychographic changes are creating business opportunities for new ventures? Please respond in approximately 200 words.

6.How can you stay current on technical advancements and societal changes that are emerging? Please respond in approximately 200 words. Competition

7. What is the learning curve in your industry and market of interest? Please respond in approximately 200 words.

8.What complementary assets are most critical in your industry and market of interest? Please respond in approximately 200 words.

9. How does the reputation of competitors influence your success? Please respond in approximately 200 words.

10.References Discuss which references you used to support your analysis. Include the titles and authors (or organizations) for your research sources. Include at least five references from your research on the industry, market, and competition. These five references should not include the assigned readings, textbook, or lectures. Instead, these references should be based on industry report such as IBISWorld available from lib.umd.edu and related market research and industry research