Which of the following statement is (are) correct? Statement 1: Industry analysis is the first and foremost step in the bottom up approach of analysis. Statement 2: Industry analysis would enable an analyst to figure out the relative positions of various market players and thereby make informed investment decisions.

Question

Quizplus · Accepted Answer

In the bottom-up approach, the focus is on individual companies rather than the industry as a whole, making Statement 1 incorrect. Statement 2 is correct as industry analysis helps understand market positions.

Which of the Following Statement Is (Are) Correct? Statement 1