According to Theodore Levitt, Technology Has Resulted in the Emergence

question 81

True/False

According to Theodore Levitt, technology has resulted in the emergence of global markets for standardized consumer products on a previously unimagined scale of magnitude.

---

Definitions:

Passively Managed

Investment strategies that aim to replicate the performance of a specific index or benchmark as closely as possible, without active decision-making by managers.

Equity Index

A benchmark that represents the performance of a group of stocks, indicating the overall trend in the equity market.

Portfolio Manager

A professional responsible for making investment decisions and overseeing a portfolio of assets to achieve the investor's objectives.

Asset Universe

The full range of investment options available for asset allocation.