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Studies Show That Average Industry Performance Varies Greatly as Does

Question 24

Multiple Choice

Studies show that average industry performance varies greatly as does the performance of companies within industries. Thus, one must pay attention to performance measures that


A) can easily be compared to other firms in the same industry.
B) express commonalities across firms in different industries.
C) are unique to the firm of interest.
D) illustrate the risks of doing business in one industry versus another.

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