CFA Practice Question

There are 86 practice questions for this study session.

CFA Practice Question

Which of the following is incorrect?
A. The current demographic trends in the U.S., that is an aging population with a larger percentage of people in the 40 to 60 age bracket, is detrimental to the financial services industry.
B. A five stage model of an industry life cycle could be: Pioneering development; Rapid accelerating growth; Mature growth; Stabilization and market maturity; and Deceleration of growth and decline.
C. Porter's five forces that determine competition within an industry are: Rivalry among existing competitors; New entrants; Substitute Products; Bargaining power of buyers; and Bargaining power of suppliers
Explanation: The current demographic trends in the U.S. - that is an aging population with a larger percentage of people in the 40 to 60 age bracket - is beneficial to the financial services industry as people in the 40 to 60 age group tend to save more.

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