A Major Difference Between a Closed-End Investment Company and an Open-End

question 41

Multiple Choice

A major difference between a closed-end investment company and an open-end investment company is that:

• A)closed-end investment companies are generally much riskier.
• B)their security portfolios are substantially different.
• C)closed-end investment companies are passive investments and open-ends are not.
• D)closed-end companies have a more fixed capitalization.

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Definitions:

Environmental Scanning

The act of monitoring developments outside the firm’s control with the goal of detecting and responding to threats and opportunities.

SWOT Analysis

A strategic planning tool used to identify Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

Environmental Scanning

The process of systematically gathering, analyzing, and managing external information about the factors that could impact an organization's future plans.

Marketing Position

The unique space a brand or product occupies in the minds of the target market, often relative to competitors.