American Bankers Association Exam CTFA Topic 1 Question 47 Discussion

Actual exam question for American Bankers Association's CTFA exam

Question #: 47
Topic #: 1

[All CTFA Questions]

Which of the following take place at the expansion stage of the industry life cycle?

AFirm operations get more stable and dependable

BNo rapid growth in demand

CCosts get stable rather than decreasing or increasing

DSales growth decline as new products are developed

Show Suggested Answer

Suggested Answer: D

by Felicidad at Apr 24, 2023, 09:39 PM

Limited Time Offer

25%

Off

Get Premium CTFA Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Evangelina

12 days ago

I disagree, I believe the answer is C) Costs get stable rather than decreasing or increasing. This is because as the industry expands, costs tend to stabilize.

upvoted 0 times

...

Tora

13 days ago

I agree with Estrella, because at the expansion stage, firms tend to focus on stabilizing their operations.

upvoted 0 times

...

Estrella

14 days ago

I think the answer is A) Firm operations get more stable and dependable.

upvoted 0 times

...