Industry analysis may not be required if:

Question

Quizplus · Accepted Answer

If a buyer has considerable experience in the industry, they may already have enough knowledge and understanding to make an informed decision without doing a formal industry analysis. However, it is still advisable to gather relevant information and data to support their decision-making process. The other answer choices are not necessarily reasons to completely forego an industry analysis, as the availability of information and cost should be evaluated against the potential benefits of the analysis, and the dominance of one large business in the industry does not necessarily negate the need for analysis.

Industry Analysis May Not Be Required If