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Basic Question 0 of 7
Which statement is true?
B. To mitigate the impact of cyclicality, firms may try to stabilize revenues by hedging or to minimize variable costs through outsourcing.
C. The higher the Herfindahl-Hirshman Index, the more competitive the industry.
D. Product market risk is not generally a consideration for mature businesses.
A. As macro risks apply to essentially all businesses in a country, all industries are equally sensitive to all economic risk factors.
B. To mitigate the impact of cyclicality, firms may try to stabilize revenues by hedging or to minimize variable costs through outsourcing.
C. The higher the Herfindahl-Hirshman Index, the more competitive the industry.
D. Product market risk is not generally a consideration for mature businesses.
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
describe various types of business models
CFA® 2025 Level I Curriculum, Volume 2, Module 7.