A2 Business Studies. Aim: Understand how markets differ. Objectives: Re-cap on SWOT and Market Analysis Analyse different market trends and structures.

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Presentation transcript:

A2 Business Studies

Aim: Understand how markets differ. Objectives: Re-cap on SWOT and Market Analysis Analyse different market trends and structures. Evaluate the differences/similarities in different markets.

1.Define market analysis 2.Define SWOT 3.Explain two benefits of a business carrying out a market analysis.

Task: You are to summarise your given market and provide a market analysis of the market to present back to industry officials. The four markets are: The UK cinema market The UK jeans market The UK footwear market The Breakfast cereals market

In the summary of the market analysis you may wish to include: Developments in the market over the past few years Market share and market power Demand determinants and changes Market structure Distribution Competition Future trends Buying patterns Growth of market Production

In your market analysis you will need to produce: A detailed SWOT analysis of one of the firms mentioned in the case study. How do you see the market changing in the future? How might this affect your chosen firm?

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