标题: Reading 59: Introduction to Industry and Company Analysis-LOS [打印本页]
作者: 1215 时间: 2011-3-30 11:27 标题: [2011]Session14-Reading 59: Introduction to Industry and Company Analysis-LOS
Session 14: Equity Analysis and Valuation
Reading 59: Introduction to Industry and Company Analysis
LOS g: Describe product and industry life cycle models, classify an industry as to life cycle phase (e.g., embryonic, growth, shakeout, maturity, or decline) based on a description of it, and discuss the limitations of the life-cycle concept in forecasting industry performance.
Declining prices that result from the development of substitute products are most likely to characterize an industry in the:
The decline stage of the industry life cycle is often characterized by declining prices as substitute products or global competition emerge, or as a result of decreasing demand due to societal changes.
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