This can be because in both industries it is critical to be proactive in understanding the industry dynamics to be relevant.
Understanding the industry means that you will recognize the technicalities of the industry, including terms and vocabulary.
Understanding the industry's past helps you to understand its future.
By fully understanding your industry you will see how you can make your business socially responsible".
Undergraduate work experience will also help you get a feel for working in organisations, meeting contacts and understanding the industry.
But a coalition of 19 pharmaceutical companies, including Pfizer, Eli Lilly and Schering-Plough, said the Bush administration proposal was "not grounded in an understanding of industry practices".
In the ever-changing global telecommunications markets, learning the game well means gaining a thorough understanding of industry dynamics, he said.
With a good understanding of industry trends – and insider knowledge of that particular employer's preferences and needs – a recruiter will be briefed to find exactly the right candidate with a specific set of skills, experience and qualities.
He described himself as "deeply regretful" for genuine mis-selling but said: "The vast majority (of PPI sales) are not related to that but to difference of understanding between industry and regulator".
