Examlex
All of the following are true statements about logistics except:
Government Regulation
The act of controlling business behavior through a set of rules or laws set forth by the government to achieve outcomes that might not be achieved through free markets.
Incentive Fee
An incentive fee is a fee charged by a fund manager based on the fund's performance, encouraging the manager to achieve superior returns.
Benchmark
A standard or point of reference against which the performance of a security, mutual fund, or investment manager can be measured.
Management Fee
A charge paid to a company's managers for their services, often a percentage of managed assets or profits.
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