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Because Salespeople's Activities in the Field Cannot Be Closely Monitored,their

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Because salespeople's activities in the field cannot be closely monitored,their employers trust them to act in the company's best interests.


Definitions:

Betas

A measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole.

Equity Hedge Funds

Hedge funds that primarily invest in stocks in order to gain from an expected increase in equity prices.

Systematic Risk

The inherent risk that affects the entire market or market segment, often referred to as market risk or un-diversifiable risk.

Market Risk

The risk of losses in investments due to factors that affect the overall performance of financial markets.

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