The main idea of the method is to create a list of factors that influence the attractiveness of the sector and then evaluate them according to an established scale.
The scoring method for evaluating a sector is an effective tool when our goal is to compare the attractiveness of several industries.
Applying the method to assess sector code phone number philippines attractiveness requires extensive knowledge of the sector of interest.
The main assumptions underlying the scoring of sector attractiveness are: the development of a list of criteria, the use of weighted assessments, the use of an appropriate time perspective for the analysis and the assessment of several sectors based on the same criteria.
An industry attractiveness scoring analysis can be a good complement to the market research previously conducted, serving as a summary with a clear conclusion.
The factors selected for analysis must correspond to one of the following three areas: market criteria, financial criteria and technical/organizational criteria.
Other methods based on a quantitative assessment of sector attractiveness are the McKinsey method, the French method and the Gierszewska and Romanowska version.
More details below.
Every entrepreneur, whether they are planning to run their first business or as the CEO of a large company looking to diversify their company, asks themselves the all-important question, "Which market sector will be best for us?" Many, especially decision-makers in small companies, plan their next steps based on intuition. However, these all-important plans always need to be subject to analysis. One of the most effective ways to analyze the attractiveness of an industry is to score it.