As an ongoing activity, you and your group will conduct an industry analysis. An industry analysis involves (describe)
- a recognition of the type of industry that you venture participates in
- a description of the leading competitors in the industry
- a discussion on the kinds of technology that used
- how different competitors attempt to gain an unfair advantage
- the size of the industry in terms of dollars spent by customers
- number of individual employed in the industry
- identify the how customers pay for the product or service
- construct competitors business models
- a description of the different kinds of customers
- how the product/service are marketed to customer in the industry
- recognize the trends and latest developments in the industry
- discussion on how you plan to disrupt the industry
Each week, you will provide a report on what you learned with respect to your industry. Some weeks, you and your team will present your findings to the class and other weeks you will submit a written report.
Team Value 500 dollars
