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1. The basic competitive factors facing industries include all of the following except:
bargaining power of suppliers
threat of government regulation
rivalry between existing competitors
threat of substitute products
2. What is the role of finance in strategy?
A. Creating and aligning the budget with the strategic priorities of the company
B. Determining capital needs
C. Keeper of performance metrics
D. All of the above
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Provide detailed explanation / discussion of the Efficient Market Hypothesis (EMH) and its implications in corporate finance.
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