- CFA Exams
- CFA Level I Exam
- Study Session 13. Equity Investments (2)
- Reading 40. Introduction to Industry and Company Analysis
- Subject 4. Principles of Strategic Analysis
CFA Practice Question
An industry experiencing slowing growth, intense competition, and declining profitability is best characterized as being in the ______ stage.
A. growth
B. shakeout
C. mature
Explanation: Companies should focus on reducing their cost structures and building brand loyalty in this stage.
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