_____ Is a Low-Profile Yet Important Form of Retailing in Which

question 32

Multiple Choice

_____ is a low-profile yet important form of retailing in which consumers get products out of automated machines,and it accounts for billions of dollars worth of goods each year in the United States.

• A)Automatic vending
• B)Party-plan selling
• C)Direct marketing
• D)A pyramid scheme
• E)Professional selling

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Definitions:

Expected Return

The anticipated amount of profit or loss an investment is expected to generate over a given period.

Securities

Financial instruments that represent ownership positions in corporations (stocks), creditor relationships with corporations or governmental bodies (bonds), or rights to ownership as represented by an option.

Capital Allocation Line

A line on a graph that shows the risk-reward ratio of portfolios that combine a risk-free asset and a risky portfolio.

Optimal Risky Portfolio

An investment portfolio that offers the highest expected return for a specific level of risk.