Explain three key differences between index funds and mutual funds.

Index funds seek market-average returns, while active mutual funds try to outperform the market.

Active mutual funds typically have higher fees than index funds.

Index fund performance is relatively predictable over time; active mutual fund performance tends to be much less predictable.

Explanation:

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whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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