Final answer:
Pre-tax net profit and market share are not forward-looking metrics; they are backward-looking, reflecting past performance. Forward-looking metrics pertain to future projections and expectations.
Step-by-step explanation:
The statement that pre-tax net profit and market share are examples of forward-looking metrics that are applied during a company's reporting period is false. Pre-tax net profit is a backward-looking metric because it reflects earnings before tax for a past accounting period. Market share also reflects a company's current position in the market relative to its competitors, based on past performance data. Forward-looking metrics would include projections and forecasts for future performance, such as expected revenue growth or future market trends.
Exercise 11.3.1 and Exercise 7.3.1 provide historical examples, showing the importance of understanding past events to inform present and future decisions. Exercise 11.3.1 demonstrates that the market revolution indeed had a significant impact on American society and economy, which is true. Exercise 7.3.1 highlights the concerns of colonists during the American Revolution, also true, as they objected not to taxation per se, but to taxation without representation.