In the Third Step of Rational Decision Making (Evaluating Alternatives

question 47

Multiple Choice

In the third step of rational decision making (evaluating alternatives and selecting a solution) ,you need to evaluate each alternative not only according to cost and quality but also according to which of the following questions?

• A)Is it efficient,and how will it affect our marketing strategy?
• B)Is it feasible,effective,and efficient?
• C)Is it ethical and will it hurt diversity?
• D)Is it ethical,feasible,and effective?
• E)Is it feasible and profitable?

Explain the differences between various types of mutual funds, including index funds, open-end, and closed-end funds.

Calculate the net asset value (NAV) of mutual funds and understand its significance.

Understand the structure and function of exchange-traded funds (ETFs) and how they compare to mutual funds.

Identify the fees associated with mutual fund investments, including management fees, load fees, and 12b-1 fees.