刘同学2020-01-19 15:30:00
Which of the following is not a limitation of the cyclical/non-cyclical descriptive approach to classifying companies? A A cyclical company may have a growth component in it. B Business-cycle sensitivity is a discrete phenomenon rather than a continuous spectrum. C A global company can experience economic expansion in one part of the world while experiencing recession in another part. 听不清,
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Vicky2020-01-19 17:55:36
同学你好,
题目问哪个不是周期和非周期的局限性。
周期性行业是一个连续的现象而不是离散的,因此B错误。
A说周期行业中有成长型的分支,我们讲过非周期有两个类别,一个成长型,一个是防御型。但是当周期性公司中有一部分处于成长期的分支业务就给划分周期还是非周期行业带来困难,因此这是一个局限性。
C说,一个全球化的企业,一部分处在经济扩张,一个所在经济衰退,因此也无法判断该公司是否具有周期性特征。
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