An Index Fund

question 59

Multiple Choice

An index fund

• A)holds only stocks and bonds that are indexed to inflation.
• B)holds all the stocks in a given stock index.
• C)guarantees a return that follows the index of leading economic indicators.
• D)typically has a lower return than a managed fund.

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Definitions:

Inventory

The total amount of goods or materials contained in a store or factory at any given time.

JIT Systems

JIT, or Just-In-Time Systems, refer to an inventory management strategy aiming to decrease waste and increase efficiency by receiving goods only as they are needed in the production process.

Job Specialization

The process of focusing one's occupational concentration on a specific area of expertise, increasing efficiency and proficiency in that area.

Lean Operations

A structured strategy for decreasing waste in manufacturing processes without compromising on efficiency.