FIN 351 CHAPTER 6 QUIZ 46 TO 50
46. Competitive strategies of individual firms have an immediate impact on the structure of the industry
47. Intense rivalry between competitors has a different impact on the competitors than a new entrant in the market
48. Porter's five competitive forces vary from industry to industry and directly affect the return on assets and return on equity.
49. Analysis of various industries gives the investor insights into the comparative performance of the entire economy.
50. Most industries are similarly affected by the cyclical swings in the economy.