When one begins to compare companies from different industries without considering the norms of the different industries,the evaluation may lead to a poor buy or sell decision.

Question

Quizplus · Accepted Answer

Comparing companies from different industries without considering industry norms can lead to inaccurate evaluations as each industry has its own unique standards and factors that affect its performance. Therefore, it is important to compare companies within the same industry or at least consider industry-specific factors before making a buy or sell decision.

When One Begins to Compare Companies from Different Industries Without