Business: Part One Components

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Part One Components

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• Background of the industry-historical details 
• Overview of current trends
• Demand/Consumer behavior
• How does income effect demand
• Describe how the current public health crises specifically impacted the industry

Include concepts/principles from the text including (Supply/Demand, Inelastic/Elastic, Market Structure, Production Costs)

Suggested Resources: 

• D & B Hoover's (Library Database List) 
• Business Source Complete (EBSCO) (Library Database List)
• Business: Industry Research: Industry Overview & Analysis by Judy Li, PhD, MLIS, MBA, MS_Ed, University of Tennessee's Hodges Library
• US Bureau of the Census 
• News magazines - good place to read others' assessment of trends in the industry that you can translate into economic language.