Which one of the following is a step used in assessing whether or not to invest in a particular company?
A)Determine the number of employees a company has.
B)Obtain an understanding of the company and its industry.
C)Determine the number of years the company has been in business.
D)Calculate the amount of advertising costs incurred by the company during the previous year.

Question

Quizplus · Accepted Answer

Obtaining an understanding of the company and its industry is a crucial step in assessing whether or not to invest in a particular company. This includes researching the company's financials, competitive landscape, market trends, and any potential risks or obstacles. The other options listed (A, C, and D) may be factors to consider in the assessment process, but are not the primary step.

Which One of the Following Is a Step Used in Assessing