- CFA Exams
- CFA Level I Exam
- Topic 5. Equity Investments
- Learning Module 6. Industry and Competitive Analysis
- Subject 1. Uses of Industry Analysis
CFA Practice Question
Which one is NOT a step in industry and competitive analysis?
B. Revenue forecast
C. Competitive analysis
A. Industry survey
B. Revenue forecast
C. Competitive analysis
Correct Answer: B
Analysts use industry and competitive analysis to understand an industry's structural factors, relative competitive strengths and weaknesses, and their contribution to a company's economic benefits.
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