Welcome Back!

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• Grab your Personal Dictionary
• Take your assigned seat

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TODAY: Industry Descriptions

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Admin: Industry Overview DUE Midnight Block Day; Guest Speaker HearthFire Books & Treats Friday

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TODAY’S

OBJECTIVES

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• Explain how to research an industry
• Conduct research for the industry that applies to your business concept

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Why? Knowing your industry will help you create a product or service that people want

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Trend?

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A general direction in which things are going.

Are sales increasing or decreasing?

Any new technology or other innovation changing the industry?

Industry?

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A collection of businesses that are categorized by a specific business activity, such as transportation, electronics or food services.

Information Sources: A Few Examples

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Online Compilations

(www.statistica.com):

https://www.statista.com/statistics/240982/sporting-goods-equipment-wholesale-sales-in-the-us/

(www.valuationresources.com)

http://valuationresources.com/Reports/SIC5941SportingGoodsStores.htm

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Industry Magazines

(Sports Insight)

http://www.sportsinsightmag.com/

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Trade Associations

(National Sporting Goods Association)

https://www.nsga.org/news/news-releases/

https://www.nsga.org/news/news-releases/association-news-archives/nsga-holiday-shopping-survey-2017/

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U.S. Census Bureau

https://www.census.gov/quickfacts/fact/table/bouldercitycolorado,US/INC110216#viewtop

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Trivia

Basic Quizzes

https://webmail.jeffco.k12.co.us/owa/redir.aspx?C=FAYPtFZDvsaLMUO_qzBPtJgg7WI0yLq8xF6_WVvHX2DGwt0F7VbVCA..&URL=http%3a%2f%2fwww.funtrivia.com%2fquizzes%2fworld%2fbusiness_world.html

Advanced Questions

https://webmail.jeffco.k12.co.us/owa/redir.aspx?C=JmLF3FnmBfwwZ2N1rsblg8ENkZ8sLOkFAXkqQ2WIIsvGwt0F7VbVCA..&URL=http%3a%2f%2ftriviabug.com%2fq-and-a-quizzes%2fbusiness%2f

General Trivia

http://trivia.fyi/categories

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Review Industry Overview Assignment

• See Google Classroom
• Will be due midnight Block Day
• Submit one per team in Google Classroom

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TODAY’S

OBJECTIVES

​

​

• Explain how to research an industry
• Conduct research for the industry that applies to your business concept

​

Why? Knowing your industry will help you create a product or service that people want

​

​

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Know your Industry!

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• Classroom Copies?
• Chromebooks?
• Whiteboards?
• Garbage?
• Chairs? Tables?
• Personal Dictionary Stored?
• Injury Time?
• Exit Ticket?

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Tomorrow: Finish Industry Overview ...

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