Question: 1 . When an analyst is looking at a company for the first time, which of the following four activities does he do first? 1

1. When an analyst is looking at a company for the first time, which of the following four activities does he do first?
1) Sizes the market or markets in which the company sells
2) Estimates the breakdown of the companys cost base
3) Defines the industry or industries in which the company operates
4) Calculates the companys market share or market shares

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