Industry Analysis Essay Example | Topics and Well Written Essays - 500 words

Industry Analysis - Essay Example One of the things which I would like to achieve in the future is the ability to understand how each impact is measured in relation to critical success factors for a certain industry. This is because some critical success factors are more important than others in any industry. Additionally, I would like to measure how each of the critical success factors relate to a certain business individually. Within every industry, each and every individual firm is affected by critical success factors in different ways. Being able to rank these factors for each and every business would be more important since every business relates to these factors in a different way. In future, I would like to be more accurate in knowing how the success factors for the related industry affect the success factors in the main industry being analyzed. This would help in making sure that everything has been taken care of and that there is enough analysis in determining the success factors in the industry. The research approach I used was qualitative with regard to looking at the factors which can hinder or support the growth of a firm in the cosmetic manufacturing industry. What I was looking for is any factor which may indicate that the firm will have any challenge. In this regard, I was looking at regulation issues, cultural issues and market visibility issues. One major factor that came up as a success factor in the industry was the regulation of the industry by the government. Lintner (2009) was one author whose work I read and he was discussing the regulatory factors in the cosmetic manufacturing industry, not only in Canada, but actually around the world. Malkan (2013) was also looking at some of the main issues which the cosmetic industry faces. In her book titled Not Just a Pretty Face: the Ugly Side of the Beauty Industry, she looks at the internal