问题
单项选择题
The top-down, three-step process for analyzing the value of stock is comprised of:（）
A. industry, company, and competitive analysis.
B. economic, fundamental ratio, and technical analysis.
C. macro-economic, industry, and company analysis.
答案
参考答案：C
解析：
The top-down decision process is characterized by first examining the macro-economic environment, industry environment, and then individual companies.