Another Name for a Mutual Fund That Doesn't Levy a Sales

question 45

Multiple Choice

Another name for a mutual fund that doesn't levy a sales charge,but does charge an ongoing higher 12b-1 fee is a class ________ fund.

• A)A
• B)B
• C)C
• D)D
• E)E

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Definitions:

TQM Programs

Total Quality Management programs are comprehensive systems in organizations aimed at improving performance and achieving long-term success through customer satisfaction.

OD

Short for Organizational Development, a field of research, theory, and practice dedicated to expanding the knowledge and effectiveness of people to accomplish more successful organizational change and performance.

Blue-Collar Workers

Refers to employees performing manual labor, often in industries like manufacturing, construction, and maintenance.

Organizational Processes

The sequences of activities or procedures entities in an organization follow to produce products or provide services.