CFA Practice Question

There are 191 practice questions for this study session.

CFA Practice Question

The embryonic phase in the industry life cycle is characterized by ______.

I. questionable acceptance of products
II. negative profitability
III. high-volume producers
IV. falling demand
V. high mortality rates
Correct Answer: I, II and V

III: mature phase; IV: decline phase.

User Contributed Comments 5

User Comment
katybo mortality rate?
NufaNka high rate of bankruptcy
reganbaha Failed entrepreneurs topping themselves
khalifa92 LOLLLLL
Freddie33 @reganbaha that truly made me lol
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