Focus on the strongest trends that are impacting the overall Canadian industry, identified in Report One( What i have done in Report one is Clothing Accessories and Other Clothing Manufacturing, and the NAICS are 315990 and 448199. Do not mention any specific company names or actions as support for the existence of an industry trend.
1.) Introduction ?C In the brief Report focus description, include the both the **NAICS classification (number and formal industry name,which I found were 315990, Clothing Accessories and Other Clothing Manufacturing and 448199 ,All Other Clothing Stores) and the **SIC classification (number and formal industry name).
2.) Environmental Trend Analysis
a. Social Opportunity and Threat ?C focus on the social trend for point
b. Economic Opportunity and Threat ?C focus on the economic indicator or trend for point
c. Legal and Regulatory Opportunity and Threat ?C focus on the law/regulation for point
d. Competitive Opportunity and Threat ?C focus on the trend for point
e. Technological Opportunity and Threat ?C focus on the technology for point
f. Environmental Opportunity and Threat ?C focus on the environmental/sustainability trend
3.) State the most relevant trends and your overall analysis of the industry??s future potential.
Identify one opportunity and one different threat for each environmental trend above that is affecting (or could affect) the success of some/all of the industry firms. Base this on the most recent, relevant, and reputable research leading up to your Report deadline. Each opportunity and threat will range from four to five sentences. The required format for each paragraph is as follows:
Using your words, communicate this in two parts. For the first part, state the opportunity/threat. For the second part, link how the opportunity/threat is relevant to the industry.
Explain and provide your own analysis (i.e., business implications) of how this is relevant to the industry. These two sentences should convey two different points that build on each other and flow from the proof. Your analysis should answer the question So what does this mean to the industry??? Include likely outcomes to the industry if this trend continues. Keep in mind that you need to go beyond, and this will lead to higher sales or profits.?? As well, this is NOT where you try to make a link between the opportunity/threat and its implication on the industry. This link needed to have occurred in your proof above.
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