5-44 the Number of Funds and Assets Size of the Mutual

question 85

Multiple Choice

5-44 The number of funds and assets size of the mutual fund industry have grown dramatically since 1970 because of the introduction of

• A)money market mutual funds in 1972.
• B)tax-exempt money market mutual funds in 1979.
• C)special-purpose equity,bond,and derivative funds.
• D)401-k retirement plans sponsored by employers.
• E)All of the above.

Recognize examples of successful change management initiatives.

Identify different forms of resistance to change, including passive and active resistance.

Grasp the concepts of tuning, kaizen, and preventive maintenance as forms of continuous improvement.

Acknowledge the common fears and reactions employees have toward change.

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Definitions:

Additional Assets

Additional resources or properties acquired by a firm or individual which can be utilized for generating revenue or held as an investment.

Incremental Cash Flow

The additional cash flow generated by a company from undertaking a new project or making a business decision, used to analyze the profitability of that decision.

Taxes

Taxes are compulsory financial charges or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Dividends

Payments made by a corporation to its shareholder members. It is the portion of corporate profits paid out to stockholders.