- 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
Which industry is likely to be concentrated with weak pricing power?
A. Automobiles
B. Credit card networks
C. U.S. railroads
Explanation: Although there are a few major auto manufacturers, the competition tends to be fierce.
User Contributed Comments 2
| User | Comment |
|---|---|
| renataa | I thought Credit Cards with the interest rate offerings would also fall in to the category.... |
| samuemull | Credit card networks don't do the interest rates - that's the credit card companies - and there are a lot of those. Virtually every credit union and bank has at least one or three. |