The idea of a mutual fund is based on the idea of pooled diversification.
Answer the following statement true (T) or false (F)
True
Rationale: The whole mutual fund idea rests on the concept of pooled diversification and works much like insurance, whereby individuals pool their resources for the collective benefit of all contributions. See 13-1: Mutual Funds and Exchange Traded Funds: Some Basics.
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Which of the following statements is true of the selling concept?
A) It requires minimum promotion efforts. B) It creates long-term, profitable customer relationships. C) It takes an outside-in perspective. D) It is typically practiced with unsought goods. E) It follows the customer-centered sense-and-respond philosophy.
Indicate whether each of the following statements is true or false.Indirect costs cannot be traced to a cost object in a cost-effective manner. For a factory with several departments, each department could be treated as a cost object. Depreciation on a factory building is a direct cost for the departments in the factory. For a factory with several departments, depreciation on equipment used in one department would be a direct cost to that department. An individual cost cannot be both fixed and direct with respect to a particular cost object.
What will be an ideal response?
The authors of The Discipline of Market Leaders encourage business firms to pick one of the disciplines — best price, best product, or best ________ to distinguish their offering in the marketplace
Fill in the blanks with correct word
A responsibility center in which the department manager has responsibility for and authority over costs, revenues, and assets invested in the department is termed a cost center
Indicate whether the statement is true or false