When Customers Ask,"What Is the Anticipated Rate of Return on This

question 4

Multiple Choice

When customers ask,"What is the anticipated rate of return on this mutual fund?"they are requesting product information from the category of:

• A)performance data
• B)product design
• C)manufacturing process
• D)product application
• E)quality improvement

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Definitions:

Absolute Advantage

The ability of a country, individual, company, or region to produce a good or service at a lower cost per unit than competitors using the same amount of resources.

Comparative Advantage

An economic theory that suggests a country should produce and export goods in which it has a lower opportunity cost than other countries.

Temporary Advantage

An advantage or benefit that an organization holds for a short period of time, often due to a unique product, service, or situation.