The difference between mutual funds and ETFs is that ETFs are traded on exchanges and mutual funds are not

Indicate whether this statement is true or false.

Answer: TRUE

Business

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Which of the following is not an assumption of the economic order quantity model?

a. Demand is known, constant, and independent. b. Lead time is known and constant. c. Quantity discounts are not possible. d. Production and use can occur simultaneously. e. The only variable costs are setup cost and holding (or carrying) cost.

Business

_____ refers to the degree of caring and individual attention provided to customers

a. Agility b. Reliance c. Assurance d. Empathy

Business