Typical Services Offered by Mutual Funds Include

question 57

Multiple Choice

Typical services offered by mutual funds include
I. automatic reinvestment plans
II. automatic investment plans
III. automatic fund conversion as investment goals change
IV. automatic withdrawal plans

• A) I and III only
• B) II and IV only
• C) I, II and IV only
• D) I, II, III and IV

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Definitions:

Customer Value Proposition

A business or marketing statement that describes why a customer should buy a product or use a service, highlighting the distinct value.

Points of Difference

Unique attributes or benefits that set a product, service, or brand apart from its competitors in the eyes of the target market.

Competitive Substitutes

Products or services that can be used as replacements for another due to similarities in function or utility, creating options for consumers.

Core Benefit Propositions

The fundamental value or advantage that a product or service offers to customers, addressing their needs or solving their problems.