CFA Practice Question

There are 191 practice questions for this study session.

CFA Practice Question

The branded pharmaceuticals industry ______

A. is fragmented.
B. has high barriers to entry.
C. is in the growth phase.
Correct Answer: B

It is a concentrated industry and is in the mature 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.
You need to log in first to add your comment.