Using information from the ABI Inform and GlobalEdge Databases of Industry Performance, select data on the following subset of industries: automobile healthcare financial services consumer goods telecoms and technology Based on the data you find, discuss your views on the following questions. 1. What kinds of industries tend to be better performers in the medium to long term? Why? What kinds of industries tend to do poorly in the medium to long term? Why? Refer to the readings to support your views. 2. Can you make the claim that some industries are inherently more profitable than others? Provide arguments and examples to justify your response. 3. Which of these industries would you recommend for your team’s strategy project? Justify your recommendation.
Using financial performance information at the company level for your selected Industry in topic one, discuss your views on the following questions. Use and refer to the assigned readings to support your views. 4. How is it that, even among the best performing industries, only some companies do well? How can some companies in poorly performing industries still do well? 5. Generally speaking, for companies in the same industry, what factors would explain differences in company performance over the long term? 6. Which company in your selected industry would you recommend for your team’s strategy project? Explain why,