答案和详解如下： 1.Which of the following types of industries is typically characterized by above-normal expansion in sales and profits independent of the business cycle? A) Defensive. B) Cyclical. C) Growth. D) Counter-cyclical. The correct answer was C) A growth industry is typically characterized by above-normal expansion in sales and profits independent of the business cycle. 2.Which of the following types of industries is typically characterized by profitability tracking the business cycle, often in an exaggerated manner? A) Growth. B) Defensive. C) Counter-cyclical. D) Cyclical. The correct answer was D) A cyclical industry is typically characterized by profitability tracking the business cycle, often in an exaggerated manner. 3.Food, beverage, and utility companies are examples of: A) declining industries. B) cyclical industries. C) defensive industries. D) growth industries. The correct answer was C) This question tests your understanding of the business cycle reaction approach. Food, beverage, and utility companies provide basic necessities of life and are considered to be defensive industries. In a recession, the demand for their products will not fall as much as for some of the other industry groups. 4.Which of the following types of industries is typically characterized by stable performance during both ups and downs of the business cycle? A) Defensive. B) Growth. C) Cyclical. D) Counter-cyclical. The correct answer was A) A defensive industry is typically characterized by stable performance during both ups and downs of the business cycle. | 
发表于 2008-5-19 10:45
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