Tim Hughes Is Distributing an Instrument, Which Includes a Concept

question 12

Multiple Choice

Tim Hughes is distributing an instrument, which includes a concept statement with a short survey attached, to try to gauge customer interest in a product he is developing. Tim is distributing a:

• A) shopper intent survey
• B) consumer interest survey
• C) product demand survey
• D) buying intentions survey
• E) purchase intent survey

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Definitions:

REITs

Real Estate Investment Trusts, companies that own, operate, or finance income-generating real estate, allowing investors to invest in large-scale real estate properties.

Growth Fund

A type of mutual fund or investment fund that focuses on investing in growth stocks or companies expected to grow at an above-average rate compared to their industry or the market.

Net Asset Value

The total value of a fund's assets minus its liabilities, often used in the context of mutual funds to describe the per share/unit value of the fund.

Year-End Assets

The total value of all assets held by an individual or entity at the end of a fiscal year.