Which of the Following Is a Financial Service That Pools

question 63

Multiple Choice

Which of the following is a financial service that pools its investors' funds to buy a selection of securities and provide professional investment management?

• A) a debenture
• B) a blue-chip investment
• C) a futures contract
• D) a mutual fund

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Definitions:

Balance Sheet Approach

A method in international human resource management that aims to equalize the purchasing power of employees working abroad to that of employees in the home country.

Expatriate Compensation

The package of salary, benefits, allowances, and incentives offered to employees who are sent to work in a foreign country by their employer.

Economic Forces

Represent the various external factors that influence the economy and affect businesses and consumers, such as inflation, interest rates, and unemployment rates.

Global Compensation Strategy

Involves designing and implementing compensation practices that are consistent worldwide while also accommodating local laws, practices, and expectations.