Different sectors or industries grow or shrink at various stages in the business cycle. Which statement is TRUE?
A) Utilities tend to do relatively better in the early stages of an expansion.
B) Basic materials tend to do well in the early stages of a recession.
C) Healthcare tends to do well at the peak of an expansion.
D) The financial sector tends to do relatively better in the early stages of an expansion.
C
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A company that sells only multigrain, low-calorie bread should use a(n) ________ targeting strategy.
A. micromarketing
B. concentrated
C. differentiated
D. undifferentiated
E. mass
A transaction between two parties in which the first party promises to make a payment to the second party. The second party, in turn, promises to make a simultaneous payment to the first party.
(a) swap (b) available-for-sale securities (c) spot price (d) held-to-maturity securities