Evaluate Your Industry

1. How might the seasons affect your business?

1.1. People buy a lot of games for Christmas so the winter will be good.

1.2. Most new games also come out in the Summer so that is a good season too.

2. Do you feel your industry is growing, stabilizing or declining?

2.1. Stabilizing

3. What industry would your company be a part of?

3.1. Prediction - Gaming/Enterntainment

3.2. Answer - Electronics and Appliance Store

3.3. Proofs - Gamestop.com consolezombie.com

4. On average, how much profit does the industry make a year?

4.1. Prediction-$35,000

4.2. Answer-$36,761

4.3. Proof-http://www.glassdoor.com/Salary/GameStop-Salaries-E1162.htm

5. On average, how much money is spent on this industy a year?

5.1. Prediction-$100,000

5.2. Answer-$25.3 billion spent on games a year

5.3. Proofs-http://venturebeat.com/2010/05/09/americans-spend-25-3b-each-year-on-video-games/

6. How does technology affect your industry?

6.1. Games entertain people because of how amazing the graphics are