CFA Practice Question

There are 191 practice questions for this study session.

CFA Practice Question

Which industry is likely to be fragmented with strong pricing power?
A. Airlines
B. Radio broadcasting
C. Private banking
Explanation: There are many players in this industry (e.g., Northern Trust, Credit Suisse) and many have posted high profit margins.

User Contributed Comments 2

User Comment
Shaan23 Seriously? We're supposed to memorize that table?

US banking is Fragmented with Weak pricing power.

Private banking is Fragmented with Strong pricing power...

Good luck memorizing all that stuff.
rojaslav You don't have to, trying to use logic will save you 9/10 times with these questions. The banking industry is clearly fragmented due to the high number of banks one can find, whether it is commercial banking or private. However, private banking has way less consumers than commercial banking, so private banks must have stronger pricing power.
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