A majority of funds managed by certain financial services companies appears to outperform their benchmarks because of

A) highly qualified professional managers.
B) survivorship bias.
C) inappropriate choices of benchmarks.
D) all of the above.


Answer: B

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A federal court may have jurisdiction to hear a case because of which basis?

A. Home-rule question B. State question C. Diversity of citizenship D. Police powers

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Which of the following statements is true?

A) The average profiles for profitable high-share and profitable low-share businesses are almost identical. B) A low-share business with above-average customer value is more profitable than a high-share business with below-average customer value. C) A low-share niche business's prices are slightly above the average relative price index of 100. D) Profitable low-share niche businesses tend to have a wide product breadth. E) Profitable low-share niche businesses tend to spend more on advertising relative to the competition.

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During the ________ stage of group development, the team prepares for its own disbandment. High performance is no longer a top priority. Instead attention is devoted to wrapping up the project.

Fill in the blank(s) with the appropriate word(s).

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Which statement is true about the free trade argument?

a. It has been adopted by numerous nations around the world through reductions in trade barriers. b. It argues that tariffs and other trade barriers force industries to continually adjust practices. c. It advocates for the uninhibited flow of goods, services, and capital between nations. d. It is praised for considering real-world economic conditions and noneconomic factors like national security.

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