According to Porter's 5 competitive forces used in industry analysis, rivalry among companies in the same industry tends to increase under which of the following conditions?

	a.	There are several companies of varying size, with only one or two dominant firms in the industry.
	b.	Entry barriers such as labor agreements prevent uncompetitive companies from exiting the industry.
	c.	Market share battles occur due to slow growth.
	d.	A large number of substitute products are available.

During this stage in the industry life cycle demand is becoming substantial, profit margins are high, and the industry is working to build its productive capacity. Which stage of the life cycle is described here?

		Mature Growth
		Stabilization of Market Maturity
		Rapid, Accelerated Growth
		Pioneering Development
		Deceleration of Growth and Decline

Which of the following statements regarding technical and fundamental analysis is true?

	a.	Technical analysis requires an evaluation of macroeconomic conditions.
	b.	In fundamental analysis, future cash flows are projected by analyzing a firm's financial statements.
	c.	Fundamental analysis is based on supply and demand.
	d.	Technical analysis values securities based on expected future cash flows