An industry characterized by rapidly increasing demand, improving profitability, ａｎｄ falling prices is most likely in which of the following stages of life cycle?【单选题】
A.Growth
B.Maturity
C.Embryonic
正确答案:A
答案解析:A growth industry tends to be characterized by rapidly increasing demand, improving profitability, falling prices, ａｎｄ relativity low competition among companies in the industry.
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Matthew Murphy, CFA, is an analyst at Divi sadero Securities &； Co..If Murphy lives ａｎｄ works in a country where applicable laws differ from the requirement of the Code of Ethics ａｎｄ Standards of Professional Conduct,:【单选题】
A.Murphy must comply to the applicable local law of the country.
B.Murphy must comply to the Code of Ethics ａｎｄ Standards of Professional Conduct.
C.Murphy must comply to the stricter of the applicable local law of the countryｏｒthe Code of Ethics ａｎｄ Standards of Professional Conduct.
正确答案:C
答案解析:在所适用的法律与伦理道德标准之间，CFA会员应该遵守更加严格的法律条例。
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