To prevent exploitation of ________, Congress passed the Investment Company Act of 1940.
A. small investors
B. state governments
C. the Securities and Exchange Commission
D. federal government agencies
E. large investors
Answer: A
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Which of the following transactions involves an exchange of value?
a. Accumulation of interest b. Sale of services c. Flood loss d. Wear and tear on equipment
Discuss the difference between line and staff managers.
What will be an ideal response?
Which of the following statements about captive insurers is not correct?
A) They are typically a subsidiary of a larger firm or firms. B) They are typically located in places where insurance regulation is less restrictive. C) They capitalize on their size to mitigate risks. D) They are typically located in places where insurance regulation is less costly.
Customer relationship management helps firms gain and maintain competitive advantage by:
a. integrating markets irrespective of demography or behavioral characteristics. b. streamlining processes around traditional functions rather than customers. c. continuing to make products that better meet customers' needs and provide increased value. d. forecasting customer retention and defection rates.