Specialized Functions Such as Marketing and Finance Are Generally Referred

question 225

Multiple Choice

Specialized functions such as marketing and finance are generally referred to as

• A)teams.
• B)groups.
• C)partnerships.
• D)departments.
• E)functional areas.

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Definitions:

Options Strategy

A plan or approach for trading options that can involve buying and/or selling one or more options that differ in one or more of the options' variables.

Security

A financial instrument that represents an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.

Gains

Profits realized from the sale of assets or from investment income, including dividends, interest, and capital gains.

Strike Price

The specified price at which the buyer of an option can buy (in the case of a call option) or sell (in the case of a put option) the underlying asset.