Answer:
The answer is: underperform passive fixed-income indexes by an amount equal to fund expenses
Explanation:
According to Blake, Elton, and Gruber (The Journal of Business, 1993), the only people who benefit from actively managed bond mutual funds are those that work for the mutual funds and not their clients.
They discovered that when the mutual funds increased their fees in 1%, the total performance decreases in 1%.
Answer:
I think manager??????????
I think what would fill that blank space would be failure due to the fact that something with his business may have gone wrong or a wrong transaction was made. But sometimes these things can actually be a major plus for them without them even realizing before they made the choice.
Answer:
This is an example of Job enrichment
Explanation:
Job enrichment means that jobs are restructured or redesigned by adding higher levels of responsibility. This practice includes giving people not only more tasks but higher-level ones, such as when decisions are delegated downward and authority is decentralized.
