An Investment Consultant Is Recommending a Certain Class of Mutual

question 73

True/False

An investment consultant is recommending a certain class of mutual funds to the clienteles based on its exceptionally high probability of gain.It is an ethical practice to explain to the clienteles what the meaning of probability is.

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Definitions:

Attributes

Characteristics or qualities that are inherent in or ascribed to someone or something.

Knowledge

Information, understanding, or skills acquired through experience or education; the theoretical or practical understanding of a subject.

Resource-Based View

A strategic management perspective that considers a firm's internal capabilities and resources as the primary determinants of its competitive advantage.

HR Practices

Human Resources (HR) practices encompass the strategies, methods, and policies used to manage and support the workforce in an organization.