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一只可爱的猪 · 2020年09月24日

问一道题:NO.PZ2018062002000144 [ CFA I ]

问题如下:

The characteristic to produce high returns on capital for an industry is least likely having:

选项:

A.

High industry concentration.

B.

High barriers to entry.

C.

Short lead times to build new plants.

解释:

C is correct.

High barriers to entry and high industry concentration will produce higher returns on capital for an industry. Industry capacity can be rapidly increased to satisfy demand with short lead times, however, it may also lead to overcapacity and lower profits.

c不太明白?神马意思
1 个答案

maggie_品职助教 · 2020年09月25日

嗨,从没放弃的小努力你好:


lead time是指从订货到供应商交货所间隔的时间,short lead time是指项目周期或生产周期较短。行业lead time短说明行业需求可以快速得到满足,但不足之处就是会引发产能过剩利润下降。加油。


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就算太阳没有迎着我们而来,我们正在朝着它而去,加油!