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LOS c: Analyze the effects of business cycles on industry classification (i.e., growth, defensive, cyclical).
Q1. 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) Counter-cyclical.
C) Growth.
Q2. Which of the following types of industries is typically characterized by stable performance during both ups and downs of the business cycle?
A) Growth.
B) Defensive.
C) Cyclical.
Q3. Food, beverage, and utility companies are examples of:
A) defensive industries.
B) cyclical industries.
C) declining industries.
Q4. Which of the following types of industries is typically characterized by profitability tracking the business cycle, often in an exaggerated manner?
A) Cyclical.
B) Counter-cyclical.
C) Growth. | 
发表于 2009-3-6 14:30
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