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Basic Question 2 of 11
The branded pharmaceuticals industry ______
B. has high barriers to entry.
C. is in the growth phase.
A. is fragmented.
B. has high barriers to entry.
C. is in the growth phase.
User Contributed Comments 1
| User | Comment |
|---|---|
| johntan1979 | Fragmented: An industry in which no single enterprise has large enough share of the market to be able to influence the industry's direction. |
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
Learning Outcome Statements
analyze an industry's structure and external influences using Porter's Five Forces and PESTLE frameworks
CFA® 2025 Level I Curriculum, Volume 3, Module 6.