Long-term profitability is determined by: A) supply and demand. B) industry structure. C) bargaining power. D) cost leadership.
b
B? (confused between A and B, however, in I beleive supply and demand keep on changing so, its better for short term, B is the answer)
A caught my eye first… but i’d say B too.
B and agreed with Garavku; short term profitability is determind by Supply and Demand not long term.
Gotta be B!
westbruin Wrote: ------------------------------------------------------- > A caught my eye first… but i’d say B too. usually going with my first instinct works, but i find the CFA questions aren’t like that.
N.VanCandidate Wrote: ------------------------------------------------------- > B and agreed with Garavku; short term > profitability is determind by Supply and Demand > not long term. also, industry structure determines supply…
B is correct. I was getting more inclined towards cost leadership but thats not right for long term profotability