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Business 100 Industry Analysis Research Assignments

Choose one of the following industries for investigation this semester (All of your research assignments this semester will be about the same industry, and you must select one from the two listed below):

* Oil & Gas in the United States * Hotels & Motels in the United States

Research Assignment #6 (4 pts):

Please respond fully to the following questions about the industry you have chosen. Be sure to respond in complete sentences, and do not merely copy and paste information from reference sources (remember that making only slight changes to a few words in a copy-pasted passage is still too close to copying to be acceptable). Provide the appropriate level of detail in your responses: 1) Referring to the Datamonitor profile for your industry, provide the forecast industry sales figures (i.e., “market value,” in dollars) for each year of the 2011-2015 period (2010-2014 sales are acceptable if 2011-2015 figures are not available). According to the industry profile of “Oil & Gas in the United States” by Datamonitor, the market value of each year of the 2010-2014 sales is detailed in the following table. Year | Market Value (in $ Billion) | 2010 | 628.4 | 2011 | 633.1 | 2012 | 703.5 | 2013 | 737.5 | 2014 | 768.3 |

2) As stated in Datamonitor, what has been the compound annual growth rate (CAGR %) over this 5-year period? From the above table, the US oil & gas market is forecast to have total revenues of $628.4 billion in 2010, and the totoal revenues of $768.3 billion in 2014. So the CARC is calculated as: CARC=768.3628.415- 1=0.041=4.1% Compund Annual Growth Rate (CARC%) is 4.1% over the 5-year period of 2010-2014.

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[ 1 ]. Industry Profile: Oil & Gas in the United States, Datamonitor, pp. 33

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