Review resources on this page to find out more about topics used in various Business disciplines. To find more Business-related books, eBooks, journals, databases, and streaming media collections, check out these research guides.
Case Study Method
A good case study typically describes factual problems faced by a business or company. It is a useful study method where there is no clear-cut or easy solution to a problem.
A case may have numerous solutions and students learn by participating in a discussion (written or oral) facilitated by a professor. In situations when multiple viewpoints must be considered, case studies can help participants evaluate the merits of different arguments.
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Industry Information – NAICS
The North American Industry Classification System (NAICS) is an industry classification system developed by the statistical agencies of Canada, Mexico, and United States.
It was designed to provide common definitions of the of the industrial structure of the three countries and a common statistical framework to facilitate analysis of the three economies.
Industry Information – SICS
The 1980 Standard Industrial Classification (SIC) is a system for classifying companies and enterprises according to the activities in which they are engaged. It is primarily used to facilitate the collection and analysis of financial data.
Please note that SIC-C has been replaced by NAICS Canada, and the SIC system has not been updated in the U.S. since 1987. However, some databases still use this industry classification system.
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SWOT analysis (Strength + Weaknesses + Opportunities + Threats) is an analysis of a company used to create strategic business plans.
External environmental factors are typically considered to be Opportunities or Threats
Internal factors are generally classified as Strengths or Weaknesses.