What are the design flaws of a mutual fund?
What will be an ideal response?
One design flawis that trades for mutual funds cannot always be made at intraday prices, but only at closing prices. Another flaw is that there can be unfavorable tax consequences arising from the redemption of shares.There is also the flaw that redemption of shares can force managers to sell securities if the cash position is not sufficient to fund the redemptions. An additionalflaw is that historically mutual fund have high expenses ratios. An exception to the latter high expense involves wealthy investors who can circumvent the high overall fees by not paying upfront costs.
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A straight rebuy purchase decision occurs:
A) when the firm has previously chosen a vendor and intends to place a reorder B) when a company is dissatisfied with their current vendor and wants to consider new options C) when a new company makes an offer that appears to be more attractive than what is currently being supplied by the current vendor D) at the end of a contractual relationship and the company wants to evaluate competitive bids
The ________ of a business is made up of all the activities that occur within the organizational functions of the business
A) marketing environment B) internal environment C) microenvironment D) macroenvironment E) external environment
Cybele is a part of the sales force at Lenses for Less, a company that sells contact lenses, prescription glasses, and nonprescription glasses to consumers through direct marketing and to retail outlets through personal selling
Cybele provides sales support for several sales representatives, creating customized sales presentations and maintaining detailed customer information in the office as the sales representatives travel to meet with customers. Cybele is part of the company's ________ sales force. A) product line B) territorial C) direct marketing D) inside E) outside
Frito-Lay's ________ gathers daily sales data and sorts it by product line and by region
The marketing managers use the data to evaluate the market share of different Frito-Lay products compared to one another and to competing snack foods in each region where the company does business. A) case study B) acquired database C) syndicated research D) marketing information system E) marketing intelligence system