As You Seek a Job in Sales, It Is Important

question 51

Multiple Choice

As you seek a job in sales, it is important that you understand your own needs. Which of the following questions is one you should ask yourself to help you determine what motivates you?

• A)Do I prefer to set my own deadlines, or do I need deadlines set by others?
• B)Am I propelled more by financial incentives, personal recognition or the satisfaction of just getting a task completed?
• C)Am I a risk-taker, or do I prefer more secure activities?
• D)Do I prefer mechanical and technical topics or am I more disposed to art, fashion, and merchandising?
• E)What types of knowledge has college provided me?

Calculate the return on investments in mutual funds considering front-end loads, expense ratios, and performance.

Identify the characteristics and operational strategies of hedge funds in contrast to mutual funds and ETFs.

Understand the concepts and calculation of net asset values in money market funds.

Distinguish between different types of REITs based on their investment focus.

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Definitions:

Interest Rate

The fraction of the borrowed amount a borrower needs to pay as interest to the lender.

Savings Account

A deposit account held at a bank or other financial institution that provides principal security and a modest interest rate.

Behavioral Economic Explanation

An interpretation derived from behavioral economics, focusing on psychological, social, and cognitive factors affecting economic decisions.

Macroeconomics

The branch of economics that studies how the aggregate economy behaves, focusing on indicators like GDP, unemployment rates, and inflation.