advance section means the industry ? in which industry i want it ? Stage I ………………………………………………..…………………………… (15%) A. Select a topic of interest: Identify an industry that you have covered in your MG 615 (Managing in the Global Environment). An industry could be one of the followings: a) Pet Industry b) Transportation Industry c) Pharmaceutical Industry d) Merchandizing Industry Here, the industry annual sales will be designated as the dependent variable. Next, we need to identify theoretically all those factors that may explain the variations of the dependent variable. Some explanations are: a) Average annual income that can be measured by US GDP. In theory, it is argued that as the average annual income increases, consumers will be inclined to make more purchases. So, the relationship between pet sales and average income is expected to be positive. b) After we have defined the theoretical relationship between the dependent and independent variable, we proceed to collect data on the variables for the purpose of testing. Does the data provide evidence of the theoretical relationship between Sales (Y) and income (X). i want pharmaceutical industry.
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