Which of the Following Statement Is (Are) Correct? Statement 1

question 20

Multiple Choice

Which of the following statement is (are) correct? Statement 1: Industry analysis is the first and foremost step in the bottom up approach of analysis. Statement 2: Industry analysis would enable an analyst to figure out the relative positions of various market players and thereby make informed investment decisions.

• A) Both are incorrect
• B) Only Statement 1 is correct
• C) Only Statement 2 is correct
• D) Both are correct

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