Which of the Following Statements Is True

question 56

Multiple Choice

Which of the following statements is true?

• A)A closed-end investment company is a specialised firm that invests in securities and assets of other firms.
• B)A closed-end investment company is a specialised firm that invests in securities and assets of other firms but has a fixed supply of shares outstanding itself.
• C)A closed-end investment company is a specialised firm that invests in securities and assets of other firms but has a variable supply of shares outstanding itself.
• D)A closed-end investment company has a variable supply of shares outstanding itself.

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Definitions:

Global Segmentation

Segmentation that identifies a group of consumers with common needs and wants that spans the entire globe.

Market Segments

The groups of consumers who have shared characteristics and similar product needs.

VALS Framework

A psychographic tool that classifies consumers into eight categories based on their responses to a questionnaire, used for market segmentation.

Consumer Groups

Collections of individuals or organizations that act together to advocate for the rights and interests of consumers.