The ________ can be used when the challenger spots areas where the opponent is underperforming

Short-term scheduling is important to efficiency and to cost reduction, but its impact is not of strategic importance

Indicate whether the statement is true or false

Which of the following accurately describe reasons for investing in mutual funds?

I. to effectively control the timing of capital gains for tax purposes II. to achieve portfolio diversification at a reasonable cost III. to invest in unfamiliar sectors or geographic regions IV. to outperform the market A) I and IV only B) II and III only C) I, II and III only D) I, II, III and IV