Mam, an economic analyst has recently converted to using the top-down analysis approach. This implies that he will always began his alysis of a firm's prospects with an analysis of the firm's response to application of CAPM industry firm's position in its industry specific firm under consideration 0 U.S. COD or even the global economy Moving to another Guestion will save this response Question 8 In explaining the diagram titled "Investment Management Process" in class, the professor described the Process as: The mechanical way to manage Investments. The necessary and sufficient way to manage investments assets, mandated by US regulators. How Investment Management is done in economically advanced countries. The way Wall Street suggests that investment Management should be done, The Global Positioning System of Investment Management Moving to another question will save this response. MA CH v S A2