1)Looking at theexhibit on page 571 that graphically portrays the characteristics of value andgrowth stocks, briefly explain why you would use the “top down” and “bottom up”fundamental active...

1)Looking at the exhibit on page 571 that graphically portrays the characteristics of value and growth stocks, briefly explain why you would use the “top down” and “bottom up” fundamental active management strategies to focus on value stocks? On growth stocks? Is it possible to integrate the value and growth philosophies? Briefly explain.