What is known as the net asset value (NAV)?
a. The closing price of the securities that comprise a particular fund's portfolio plus the value of any uninvested cash that the fund manager maintains for the fund.
b. A concept used in finance and economics, defined as a rational and unbiased estimate of the potential market price of a good, service, or asset.
c. The value of an entity's assets less the value of its current liabilities at the end of the trading day.
d. The difference between the replacement cost of a fixed asset and its book value appearing on the balance sheet.
a
FEEDBACK: a. Correct.
b. Incorrect.
c. Incorrect.
d. Incorrect.
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Which law imposes controls on federal agencies by requiring basic fairness in areas not regulated by enabling legislation?
A. The 1964 Civil Rights Act. B. The Clean Agency Act. C. The Administrative Procedure Act. D. The Freedom of Information Act.
A level of competition that includes all products or services that the customer views as fulfilling the need requiring satisfaction on a particular purchase or use occasion is known as budget competition
Indicate whether the statement is true or false
______ consists of concentrating on the true meaning of what others are saying.
A. Communication B. Processing C. Paraphrasing D. Active listening
________ is a new business strategy of offering a basic version of a product free of charge and then charging for upgraded versions of the product
A) Price discrimination B) Freemium C) Crowdsourcing D) Reverse marketing E) Dynamic marketing