A(n) ___________ Is a Fee Charged on the Initial Purchase

question 25

Multiple Choice

A(n) ___________ is a fee charged on the initial purchase of a mutual fund, for example, a 5% of the offering price.

• A) deferred sales charge
• B) special fee
• C) back-end load
• D) front-end load
• E) exchange load

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Definitions:

Social Reinforcement

The use of positive or negative feedback from peers or society to encourage or discourage certain behaviors or attitudes.

Employee Recognition Programs

Formal organizational programs that publicly recognize and reward employees for specific behaviours.

Behaviour Modelling Training

A method of training that involves observing, learning, and replicating the behavior of a role model to acquire new skills or behaviors.

Service Organizations

Businesses that primarily provide intangible products, such as hospitality, banking, and healthcare, to meet the needs of their customers.