Homework Answers
Top Down Approach: In this approach, first we look upon the macro economic factor, so first we go for economic analysis, then industry analysis and then at last for company analysis. First statement is true.
The middle out approach: Its a combination of Top down approach and the bottom up approach. Firstly, forecast is done of a series of industries, then the company analysis is carried out and finally the top one- economic analysis is done. second statement is true.
Bottom up approach; Its just a reverse of top down approach: first company analysis, then industry analysis and then finally economic analysis is carried out. Third statement is also true
Answer is C. All 1,2 3 are true.
There
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