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What Term Best Describes Clusters of Activities That a Firm

question 24

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What term best describes clusters of activities that a firm does especially well in comparison with other firms?


Definitions:

Index Funds

Investment funds designed to replicate the performance of a specific index, by holding all or a representative sample of the securities in the index.

Actively Managed

In finance, refers to investment funds where the portfolio manager makes specific investments with the goal of outperforming an investment benchmark index.

Financial Intermediary

An institution that acts as a middleman between investors and borrowers, helping to channel funds from those with excess money to those in need of funds.

Resale Proceeds

The amount of money received from selling an asset that was previously purchased.

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