The most appropriate financial performance standard of a department store retail buyer is _____
a. customer satisfaction
b. total unit sales
c. total dollar gross profit in department
d. total dollar sales
c
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The ________ was enacted in 1914 to expand the enforcement provisions of the Sherman Antitrust Act. It defines exclusive dealing and tying clauses, mergers that result in monopolies, and interlocking directorates as being unfair business practices
A. Federal Trade Commission Act B. Sherman Act C. Robinson-Patman Act D. Clayton Act
Which of the following statements best describes the legal organization of mutual funds?
A) Funds are organized as a single entity that handles all functions such as custody and investment decisions. B) Funds split their basic functions such as record keeping and investment decisions among two or more companies. C) Funds are owned by the company that manages them. D) A distributor keeps track of investment and redemption requests from shareholders and maintains other shareholder records.