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Basic Question 2 of 11

The branded pharmaceuticals industry ______

A. is fragmented.
B. has high barriers to entry.
C. is in the growth phase.
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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.
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz

Tamara Schultz

Learning Outcome Statements

analyze an industry's structure and external influences using Porter's Five Forces and PESTLE frameworks

CFA® 2024 Level I Curriculum, Volume 3, Module 6.