The Comparison Universe Is Not

question 43

Multiple Choice

The comparison universe is not

• A) a concept found only in astronomy.
• B) the set of all mutual funds in the world.
• C) the set of all mutual funds in the U.S.
• D) a set of mutual funds with similar risk characteristics to your mutual fund.
• E) a concept found only in astronomy, the set of all mutual funds in the world, or the set of all mutual funds in the U.S.

---

Definitions:

Corporate Social Responsibility

A business approach that contributes to sustainable development by delivering economic, social, and environmental benefits for all stakeholders.

Economic Power

The capacity of a party (whether a nation, corporation, or individual) to influence or control economic activities, including market forces, production, and financial resources.

Social Power

The ability of an individual or group to influence the behavior, beliefs, or attitudes of others within a social context.

Profit Maximization

The business objective of achieving the highest possible financial gain, commonly through increased sales revenue, cost reduction, or both.