Empirical Studies of Returns Earned by Investment Companies Indicate That

question 32

Multiple Choice

Empirical studies of returns earned by investment companies indicate that

• A)no funds outperform the market consistently
• B)most funds are less risky than the market
• C)most funds outperform the market consistently
• D)few funds outperform the market consistently

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Definitions:

Insourcing

involves bringing processes or services back in-house, which were previously outsourced to external companies.

Joint Venture

A business arrangement where two or more parties agree to pool their resources for the purpose of accomplishing a specific task or business operation.

Foreign Subsidiary

A company that is owned or controlled by another company, known as the parent company, but operates in a country different from where the parent company is established.

Franchising

The payment of a fee to a foreign business for rights to locally operate using its name, branding, and methods.