An industry analysis is critical to better understand a firm’s financi

An industry analysis is critical to better understand a firm’s financial position because:

A) it provides insight into how the firm’s financial needs might change as industry conditions change.
B) it helps identify the key risks and opportunities facing the firm.
C) it provides better insight into how maximize the firm’s current financial position relative to its competitors.
D) All of the above.

 

 

ANSWER

D

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