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标题: Reading 58: Equity: Concepts and Techniques - LOS b ~ Q1-3 [打印本页]

作者: cfaedu    时间: 2008-4-10 09:58     标题: [2008] Session 14 -Reading 58: Equity: Concepts and Techniques - LOS b ~ Q1-3

1.Regarding a global industry analysis, which of the following factors would NOT be considered when analyzing demand used to generate returns expectations?

A)   The countries most important to a firm’s business.

B)   The relation of product demand to expected GDP growth.

C)   A firm’s ability to exploit profitable opportunities.

D)   The relation of product demand to monetary conditions.

2.What are the factors that influence returns expectations in a global industry analysis?

A)   Demand, the value chain and the business cycle.

B)   The value chain and the business cycle.

C)   Demand and the value chain.

D)   Demand and the business cycle.

3.Regarding a global industry analysis, which one of the following is NOT a component of the value chain?

A)   Production of raw material.

B)   Equipment production.

C)   Analysis of countries considered to be the most important to a firm’s business.

D)   Sales and distribution to consumers.


作者: cfaedu    时间: 2008-4-10 09:59

答案和详解如下:

1.Regarding a global industry analysis, which of the following factors would NOT be considered when analyzing demand used to generate returns expectations?

A)   The countries most important to a firm’s business.

B)   The relation of product demand to expected GDP growth.

C)   A firm’s ability to exploit profitable opportunities.

D)   The relation of product demand to monetary conditions.

The correct answer was A)

A firm’s ability to exploit profitable opportunities is an important aspect of the value chain which in turn is critical in determining returns expectations. However, it is not part of demand considerations in a global industry analysis.

2.What are the factors that influence returns expectations in a global industry analysis?

A)   Demand, the value chain and the business cycle.

B)   The value chain and the business cycle.

C)   Demand and the value chain.

D)   Demand and the business cycle.

The correct answer was C)

In a global industry analysis, demand and the value chain influence returns expectations. Although the business cycle is important, it should be considered as one of the components in analyzing demand but would not be considered as one of the more general and relevant returns expectations factors on its own.

3.Regarding a global industry analysis, which one of the following is NOT a component of the value chain?

A)   Production of raw material.

B)   Equipment production.

C)   Analysis of countries considered to be the most important to a firm’s business.

D)   Sales and distribution to consumers.

The correct answer was C)

The analysis of countries considered to be critical to a firm’s business is an important factor in analyzing demand rather than being an important factor in analyzing the value chain.


作者: acmilan8540    时间: 2011-5-15 23:49

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