K190-ind-ny - Why Industry Information Matters

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2. Banks use IBISWorld to help understand and score the difficulty of current and forecast industry operating conditions. Globally, Commercial Banks comprise the largest segment of our client market in terms of revenue. True or False?

True

False

3. Which of the following is not a characteristic of a core client or ideal prospect?

Time poor

B2B - they are a business, not a consumer

They understand the power of information

Exposure to lots of industries or categories

High employee turnover

Our information is needed many times throughout the year

Strategic mindset

4. Which of the following position types is not a key user group?

Librarians

Consultants

Marketing

Procurement

Human Resources

5. IBISWorld is recognized as the world's leading industry information provider, and enables clients to make better informed decisions to give them a strategic and competitive advantage in the marketplace. Which of the following is least likely to be a factor contributing to the success of our Industry Reports?

Reports are comprehensive

Reports provide independent information

Reports are cost effective and allow for productivity gains

Reports provide otherwise confidential information about key industry players

Reports contain consistent and comparable information

Reports contain credible information

Reports are regularly updated and contain current information

6. What is the best description of how our Industry Reports benefit Consulting clients?

Save hours of research time, helps measure 6 of the 14 factors in valuation model.

Cuts down research time, immediate understanding of client’s industry.

Help businesses create more loans, less riskier loans and more diversified loans.

Help to formulate policies and help with economic development initiatives.

7. What is the key difference between financial statement analysis and the analysis in our Industry Reports?

Financial statement analysis tends to be based on data, while IBISWorld analysis is based on unquantifiable drivers.

Financial statement analysis tends to take external drivers into account, while IBISWorld analysis is dedicated to company-level factors.

Financial statement analysis tends to be "backward-looking" while IBISWorld analysis is dynamic and forward-looking.

8. Companies operate within industries, and industries are affected by their operating environments. Operating environments can be a source of revenue or a cost center. Changes in operating environments can have a direct impact on the industry, and in turn, the companies. Which of the following are classified as direct operating environments (not influential environments)? Mark all four that apply.

Marketplace

World

Labor market

Finance market

Government

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9. "…When an industry with a reputation for difficult economics meets a manager with a reputation for excellence, it is usually the industry that keeps its reputation intact..."Who can this quote be attributed to?

Michael E Porter

Warren Buffet

Phil Ruthven

Steve Jobs

10. Influential environments do not directly affect revenue, costs or profits, but impact on results via the operating environments. Which of the following are classified as influential (not operating) environments? Mark all three that apply.

Finance market

World

Community

Resources

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11. What is the best description of how our Industry Reports benefit Commercial Banking clients?

Support of due diligence, monitoring risks for policies and portfolios.

Help banks create more loans, less riskier loans and more diversified loans.

Help to formulate policies and help with economic development initiatives.

12. The most successful companies emulate or surpass world's best practice benchmarks to ensure a competitive edge in the marketplace. They do this by hedging against the factors they can control, and taking advantage of the factors that can't be controlled. True or False?

True

False

13. Which of the following factors generally has the greatest influence on the profitability of a company?

Government regulation

Macroeconomic factors

Demographic variables

Company-level factors

14. What is the best description of how our Industry Reports benefit Accounting clients?

Save hours of research time, helps measure 6 of the 14 factors in valuation model.

Support of due diligence, monitoring risks for policies and portfolios.

Supports firms across all service lines by increasing revenue, reduce risk, improve focus and productivity.

Help to formulate policies and help with economic development initiatives.

15. Industries in the same sector often behave very differently. True or False?

True

False

16. Match the following Industry Report sections with the correct description.

About this Industry

Industry at a Glance

Industry Performance & Outlook

Products & Markets

Competitive Landscape

Major Companies

Operating Conditions

Key Statistics

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17. Match the following core industry verticals with the benefits they receive from our Industry Reports.

Private Equity

Government

Investment Banking

Academic

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18. With reference to the pie chart, rank the following Core Industry Verticals according to how much revenue IBISWorld generates from them. (1 being the greatest, 5 the least.)