标题: Reading 40: Industry Analysis-LOS c 习题精选 [打印本页]
作者: 土豆妮 时间: 2011-3-17 16:06 标题: [2011]Session 11-Reading 40: Industry Analysis-LOS c 习题精选
Session 11: Equity Valuation: Industry and Company Analysis in a Global Context
Reading 40: Industry Analysis
LOS c: Analyze the effects of business cycles on industry classification (i.e., growth, defensive, cyclical).
Which of the following types of industries is typically characterized by above-normal expansion in sales and profits independent of the business cycle?
A growth industry is typically characterized by above-normal expansion in sales and profits independent of the business cycle.
作者: 土豆妮 时间: 2011-3-17 16:07
Which of the following types of industries is typically characterized by stable performance during both ups and downs of the business cycle?
A defensive industry is typically characterized by stable performance during both ups and downs of the business cycle.
作者: 土豆妮 时间: 2011-3-17 16:07
Food, beverage, and utility companies are examples of:
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.
作者: 土豆妮 时间: 2011-3-17 16:07
Which of the following types of industries is typically characterized by profitability tracking the business cycle, often in an exaggerated manner?
A cyclical industry is typically characterized by profitability tracking the business cycle, often in an exaggerated manner.
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