Evaluate Your Industry

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

1.1. Prediction-$35,000

1.2. Answer-$36,761

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

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

2.1. Prediction-$100,000

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

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

3. How does technology affect your industry?

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

4. How might the seasons affect your business?

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

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

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

5.1. Stabilizing

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

6.1. Prediction - Gaming/Enterntainment

6.2. Answer - Electronics and Appliance Store

6.3. Proofs - Gamestop.com consolezombie.com