Life Cycle Funds

question 131

Multiple Choice

Life cycle funds

• A)are designed for people with at least 20 years until retirement.
• B)require you to decide how to allocate your investment among stocks,bonds,and money market instruments.
• C)grow less conservative as your retirement date nears.
• D)try to tailor their holding to the investor's individual age,and risk tolerance.

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Definitions:

Buying Center Culture

The collective norms, values, and practices of the group of individuals within an organization who participate in the purchasing decision process.

Buying Center

A group of individuals within an organization who are responsible for making purchasing decisions, often comprising members from different departments and roles.

Influencer

The buying center participant whose views influence other members of the buying center in making the final decision.

Macintosh Computers

A line of personal computers designed, developed, and marketed by Apple Inc., noted for its innovative user interface.