The comparison universe is __________.
A. the bogey portfolio
B. a set of mutual funds with similar risk characteristics to your mutual fund
C. the set of all mutual funds in the United States
D. the set of all mutual funds in the world
B. a set of mutual funds with similar risk characteristics to your mutual fund
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The Tim Hortons chain accounts for more than half of all the donut and coffee stores in Canada. The chain's red-and-white store banners are fixtures in many Canadian communities
In 2001, the first Tim Hortons appeared in the United States through a contractual agreement allowing an independent operation to adopt Tim Hortons' entire way of doing business. This agreement is an example of a(n)________. A) direct investment B) franchise C) export merchant D) strategic alliance E) joint venture
Which of the following should a company LEAST expect as a benefit resulting from co-branding?
A) Product development and research costs are avoided. B) Loyalty from each brand is extended to the co-branded product. C) Shortcomings of one brand are compensated for by strengths of the other brand. D) Promotion costs are split between partners. E) New market opportunities are created.
________ are the benefits gained by firms that are the first to enter new markets, establish brand identity, and/or adopt new technologies.
A. Competitive aggressiveness B. Technological capabilities C. Breakthrough innovations D. First-mover advantages
In a transaction for the sale of a warehouse, Standard Storage Company tells TriCounty Investment Corporation that the office furniture is included. The contract says nothing about office furniture, but does state, "This document supersedes all oral promises relating to the sale." Is the furniture part of the sale? Why or why not?