Why Should a Fitness Operator Be Concerned with State Practice

question 213

Multiple Choice

Why should a fitness operator be concerned with state practice laws?

• A) State laws help to identify illegal aliens who may apply for a job in your club.
• B) State laws may control the number of minority employees working at your club.
• C) State laws may affect how much can be charged for a membership.
• D) Many states have practice acts that control the behavior and actions of fitness instructors.

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Definitions:

Portfolio Risk

The risk associated with holding a portfolio of investments, reflecting the volatility of returns and potential for loss.

Stock Volatilities

The degree of variation of a trading price series over time, often used to gauge the risk of a security.

Negative Correlation

A relationship between two variables where one variable increases as the other decreases, and vice versa.

Systematic Correlation

The relationship between the return of an asset and the return of the market as a whole, often used in the context of financial risk.