A sector fund specializing in commercial bank stocks had average daily assets of $3.8 billion during the year. This fund sold $1.93 billion worth of stock during the year, and its turnover ratio was 0.50. How much stock did this mutual fund purchase during the year?

Planning,organizing,  leading, and  controlling.

Answer countries with high purchasing power today may not continue to show the same growth in the future;

Competitive intelligence activities occur so that a company can use information about a competitor's new products to  develop superior marketing strategies for its own products.  when talking about  competitive intelligence, an easy way to  remember  these terms are to know your  enemy. when having  competitive intelligence it's allowing information you find out about other companies and how they run their company, the risks they have come in contact with and  opportunities they  haven't taken and figure out how to use them to your advantage. always be  smarter than your  competition. 

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