Managerial Economics: Industry Analysis for the computer industry
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You will complete an industry analysis of a U.S. industry of your choosing. Each student must choose a different industry. The following is a suggested outline.
1 Introduction including identification of chosen industry
2 Industry characteristics
3 Types of products and/or services
4 Number of firms including concentration ratio and HHI
5 Summary and Conclusion
Please follow that format.
My Industry is Mobile or computer.
I am not American. Please use simple wording and grammar.
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Solution Summary
An industry analysis for computer industry is examined.
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COMPUTER INDUSTRY
INTRODUCTION
The computer industry is the fastest growing industry in the world. The term is used to define whole range of businesses involved in developing computer software, designing computer hardware and computer networking infrastructures, manufacture of computer components and the provision of information technology services. The computer industry has been in news for some time now due to the emerging technology wave which has increased the demand for computers and related products. As a result more and more companies have emerged in the industries which have been providing solutions for customer's computing needs at low costs than the established players. Hence, it would be interesting to identify what drives revenue growth and profit and what products are offered in the market. It is also interesting to note that new technologies are prompting companies to increase their infrastructure investments. However, despite these investments, heightened competition and falling prices will ultimately cause their revenue to plunge.
INDUSTRY CHARACTERISTICS
Market size: The computer industry consists of hardware, software, and service. The market is huge and offers opportunities to all companies, whether big or ...
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