Asked by Chelsea Valencia on May 16, 2024
Verified
An example of a defensive industry is
A) the automobile industry.
B) the airline industry.
C) the food industry.
D) the automobile industry and the tobacco industry.
E) the airline industry and the food industry.
Defensive Industry
Industries that are relatively unaffected by economic cycles and fluctuations, such as utilities and consumer staples, because their products are always in demand.
Automobile Industry
A global sector that involves the design, development, manufacturing, marketing, and selling of motor vehicles.
Food Industry
The sector that covers the processing, preparation, and distribution of food products from agricultural production to consumers.
- Recognize different industry types and the concept of defensive industries.
Verified Answer
Learning Objectives
- Recognize different industry types and the concept of defensive industries.
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