Accounting in 10k

4. Use Library resources to obtain industry information – suggested databases to start with are: Standard & Poor’s NetAdvantage, IBISWorld, and Plunkett (click on “Industry Profiles” in the right-hand column). Look up your industry by name or NAICS/SIC code. From these resources, answer the following:

  • Identify and explain two trends that are currently developing in your company’s indus-try.
  • What types of regulations affect this industry?
  • Briefly explain four characteristics of this industry’s typical customers.
  • (Hint: use of bullet points or tables for at least part of your response to this question would likely enhance readability).

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