People with a High Need for Affiliation

question 147

Multiple Choice

People with a high need for affiliation:

• A)want to form positive relationships with others.
• B)try to project a favourable image of themselves.
• C)try to smooth out conflicts that occur in meetings and other social settings.
• D)tend to work well in coordinating roles.
• E)All of the answers are correct.

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Definitions:

Open-end Investment Companies

Mutual funds that continuously issue new shares or redeem existing shares at the net asset value.

Mutual Funds

Funds that aggregate capital from numerous investors to acquire a varied collection of shares, bonds, or alternative financial instruments.

12b-1 Fee

A fee found in the expense ratio of some mutual funds, meant to cover marketing, distribution, and other costs.

Front-end Load

An upfront sales charge investors pay when they purchase mutual fund shares, which reduces the amount of the investment.