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Basic Question 10 of 11
Which industry is a cyclical industry?
B. Health care
C. Personal care products
A. Airline
B. Health care
C. Personal care products
User Contributed Comments 5
| User | Comment |
|---|---|
| johntan1979 | The same can be said for personal care products. People tend to spend more and willing to pay higher prices on premium products in good economic times. And for air travel, business travels goes on regardless of economic situations. |
| jonan203 | personal care conglomerates like J&J or unilever are hardly cyclical. |
| janglejuic | @johntan1979 not really, I've been using the same shampoo and deodorant regardless of my economic situations |
| Inaganti6 | Toilet paper most non cyclical. 7 billion behinds need wiping regardless of cycles hehe |
| sshetty2 | A large percentage of the world's population does not use toilet paper. Many sites suggest the number is around 70-75%. |
I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe industry classification methods and compare methods by which companies can be grouped
CFA® 2025 Level I Curriculum, Volume 3, Module 6.