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Basic Question 3 of 4

In the long run, ______ result in profitability differences by industry.

A. business cycles
B. company-specific factors
C. structure factors

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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach

Andrea Schildbach

Learning Outcome Statements

describe the purposes of, and steps involved in, industry and competitive analysis

CFA® 2025 Level I Curriculum, Volume 3, Module 6.