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Basic Question 2 of 11
The branded pharmaceuticals industry ______
B. has high barriers to entry.
C. is in the growth phase.
A. is fragmented.
B. has high barriers to entry.
C. is in the growth phase.
User Contributed Comments 1
| User | Comment |
|---|---|
| johntan1979 | Fragmented: An industry in which no single enterprise has large enough share of the market to be able to influence the industry's direction. |
I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
analyze an industry's structure and external influences using Porter's Five Forces and PESTLE frameworks
CFA® 2025 Level I Curriculum, Volume 3, Module 6.