Question $9$

In the Introduction to Strategy $($CORE reading$)$ article, which of the following statements are true based on the industry performance evidence provided in Exhibit $1($Average Economic Profit of US Industry Groups$)$ on page $7?$ Select all that apply.

Tobacco is more profitable than Multi$-$Line Insurance

Aerospace and Defense is more profitable than the Steel industry

The Pharmaceuticals industry is much more profitable than Household $/$ Personal Care industry

Financial Conglomerates are more profitable than Media Conglomerates

Department Stores are more profitable than Discount Stores

The Wireless Telecommunications industry is less profitable than the Major Telecommunications industry