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What is Industry Risk
An industry may be viewed as group of companies which compete with each other to market a homogeneous product. Industry risk is that portion of an investment's total variability of return caused by events which affect the products and firms that make up an industry.
The basic question in this case is whether Jetliners and Acme Airline should work together to develop a new super sized airframe or should each company seek to develop its own vers
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