2. The type of firm and industry that lends itself to trend analysis is a(n) a. Emerging firm in a new industry. b. Growing firm in a growing industry. c. Mature firm in a mature industry. d. Declining firm in a declining industry.
In every industry, one firm wants to perform better than the other and wants to compare their results with that of their competitors and for the same, a trend analysis is performed, to analysize as to how the industry is performing .
Mature firms are the ones that have experince in the industry and they are the ones who set the ongoing industry trend.
Therefore, mature firm in a mature industry are the ones who lends itself to trend analysis.
Hence, option c. is the correct option.
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