Which of the following is not a limitation of the cyclical/noncyclical descriptive approach to classifying companies? A.
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Which of the following is not a limitation of the cyclical/noncyclical descriptive approach to classifying companies?
A. A cyclical company may have a growth component in it.
B. Business-cycle sensitivity is a discrete phenomenon rather than a continuous spectrum.
C. A global company can experience economic expansion in one part of the world while experiencing recession in another part.
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ISBN: 9780470915806
1st Edition
Authors: Michael McMillan, Jerald E. Pinto, Wendy L. Pirie, Gerhard Van De Venter, Lawrence E. Kochard
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