Financial Accounting Analyzing Industry Discussion
Description
Having Trouble Meeting Your Deadline?
Get your assignment on Financial Accounting Analyzing Industry Discussion completed on time. avoid delay and – ORDER NOW
In the textbook there are 21 questions provided regarding items to consider when conducting an industry analysis. Review the questions listed on pages 169 and 170. Choose three that you think are the most important of all questions provided. Discuss why those three items are important when conducting an industry analysis. Participate in follow-up discussion by reviewing classmates’ posts and discussing whether the cost leadership or differentiation competitive strategy would be the most effective approach based on the three items provided.
Jessica Lewis
When analyzing industry, I think the following questions are the most important.
1. How many suppliers are there, and are there available substitutes?
a. This is important because if there is a small amount of suppliers, the cost of product is defined by the supplier, and there is little room to negotiate price when attempting to purchase in bulk. It also can create a delay in shipping if there is a limited amount of suppliers, causing delays in sales for the customers.
2. What are the key economic and regulatory issues faced by companies in this industry?
a. Regulatory issues could cause delays, because if product does not pass regulation standards, it causes delays with delivery, thereby delaying sales for the company. If a company is delayed for too long due to regulatory issues, customers may require refunds, which ends up putting the company is a difficult situation because they are now out monies with both the supplier and the customer.
3. Do purchasers buy in large quantities?
a. If this is something required by suppliers, then customers need to know what they are purchasing because of the investment of inventories, and the delay that this can cause in reconciling inventories. They may show in one period the purchase of the inventories, and it may not be until the next period or later that the amount in sales is able to balance the loss of monies from inventories. This can affect how customers purchase from suppliers, or how they sell their goods.
Young, S. D., Cohen, J., & Bens, D. A. (2018). Corporate financial reporting and analysis (4th ed.). Wiley.
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Order Now and we will direct you to our Order Page at Litessays. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.