To guide this second stage analysis, you are asked to rely on the North American Industry Groups database available at Yahoo! Finance at Yahoo! Finance. The system is comprised of 9 business sectors:
· Basic Materials:
· Consumer Goods:
· Industrial Goods
· Services ( this is the assigned business sector selected)
To simplify the exercise, the 215 industry groups within these 9 sectors have been reduced to a more analytically manageable list that includes only those industries at Yahoo! Finance with public firms totaling no less than 5 and no more than 15 companies. This list is attached as an appendix to this document.
To access more details on these groups go to http://biz.yahoo.com/ic/ind_index.html and click on any of the industries to go to each industry’s “Industry Center” page. Additional useful information is available via the link to “Industry Browser” on the left. Also, on each industry’s summary page click on “Company Index” and then on “Public” on the subsequent page next to “View:” to get the list of public companies in this industry. Our focus is on publicly listed companies in which we might ultimately invest. The list of public companies is provided alphabetically. Following each name is the company’s ticker symbol in brackets. See http://www.investopedia.com/terms/s/stocksymbol.asp or http://www.investorwords.com/4968/ticker_symbol.html for brief definitions of stock/ticker symbols.
Please note that on occasion the ticker symbol may also be followed by other letters, such as PK or OB (see http://www.investopedia.com/ask/answers/04/022004.asp
or http://www.investopedia.com/ask/answers/120.asp for explanations). It is recommended that we ignore stocks so designated in these exercises.
Write a 2 page paper on Supply/Demand Dynamics on the AUTO DEALERSHIP industry, in APA format.