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(1) Youareaninvestmentmanager,andyouaretryingtoexplaintheimportanceoftheROIC to your client. The client has investments in the following industries: pharmaceuticals, technology, and retailing. Which industry of these three would benefit more

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(1) Youareaninvestmentmanager,andyouaretryingtoexplaintheimportanceoftheROIC to your client. The client has investments in the following industries: pharmaceuticals, technology, and retailing. Which industry of these three would benefit more from improving ROIC than from increasing growth? Explain

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