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7. A sub-industry is an even more specific grouping of businesses. You are interested in a career working with people who have been disabled due to disease or accident. What sector, industry group, industry and subindustry will you work in? sector: _ _________________________________________________________________________ industry group: _ ___________________________________________________________________ industry: _________________________________________________________________________ subindustry: _ _____________________________________________________________________ 8. In what sector does Apple Computers belong? ___________________________ 9. In what sector does oil and gas giant British Petroleum belong? __________________ 10. Under what sector (S), industry group (IG), industry (I) and sub-industry (SI) would an analyst find information about: Banks in the Pacific Northwest? ________________________________________________________ _ ______________________________________________________________________________ App development companies? _ ________________________________________________________ _ ______________________________________________________________________________ Cell service providers? _______________________________________________________________ _ ______________________________________________________________________________ Construction equipment companies? _____________________________________________________ _ ______________________________________________________________________________ 11. Research the definitions of Consumer Staples and Consumer Discretionary , both important sectors, mentioned frequently in the financial news. What are the key differences between these sectors ? _ ______________________________________________________________________________ _ ______________________________________________________________________________ _ ______________________________________________________________________________ _ ______________________________________________________________________________ _ ______________________________________________________________________________ 12. You work for a company that designs and installs public use charging stations for EVs (Electric vehicles) in Taiwan. What sector do you work in? _________________ health care health care providers & services health care services information technology health care equipment & services utilities (S) Financials, (IG) banks, (I) banks, (SI) regional banks (S) Information technology, (IG) software and (S) Telecommunication Services, (IG) Telecommunication Service (S) Industrials, (IG) Capital Goods, (I) Machinery, services, (I) software , (SI) application software Wireless, (I) Telecommunication Services, (SI) Wireless Telecommunication Services (SI) Construction Machinery & Heavy Trucks The Consumer Staples sector includes companies that sell essential items to consumers – things people need to live , like food and household goods. These things are always in demand. Consumer Discretionary includes companies that sell things that are non-essential , like fashion apparel , sporting goods, and TV. The basic difference is what consumers need vs. what they want. energy PRODUCT PREVIEW

139 THE 21st CENTURY STUDENT’S GUIDE TO FINANCIAL LITERACY

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