Q1) The phases of the Competitive Life Cycle include

Note: I selected A and was told it was wrong.I believe the correct answer would then be C

a)Growth, Stable, Mature, Decline

b)Innovation, Fading Returns, Mature subpar

c)Startup, Fast Growth, Slow Growth, Decline

d)Growth, Fading Returns, Mature Subpar

Investopedia saysStartup Growth Maturity Decline

Q2) It is important to determine if a company's return on invested capital (ROIC) exceeds its weighted average cost of capital (WACC) because.

Note: I selected A and was told it was wrong.I believe the correct answer would then be C

a)A sustainable positive ROIC-WASS spread is a key component of moat-strength analysis

b)A good investment must not only generate positive returns, but returns that are superior to the other investment options

c)Both A and B

d)None of the above