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NEW QUESTION: 1

A. NetWorker
B. Data Domain
C. Avamar
D. RecoverPoint
Answer: D
Explanation:
EMC RecoverPoint RecoverPoint is a high-performance, cost-effective, single product that provides local and remote data protection for both physical and virtual environments. It provides faster recovery and unlimited recovery points. RecoverPoint provides continuous data protection and performs replication between the LUNs. RecoverPoint uses lightweight splitting technology either at the application server, fabric, or arrays to mirror a write to a RecoverPoint appliance. The RecoverPoint family of products include RecoverPoint/CL, RecoverPoint/EX, and RecoverPoint/SE.

RecoverPoint/CL is a replication product for a heterogeneous server and storage environment. It supports both EMC and non-EMC storage arrays. This product supports hostbased, fabric-based, and array-based write splitters.
RecoverPoint/EX supports replication between EMC storage arrays and allows only array-based write splitting.
RecoverPoint/SE is a version of RecoverPoint that is targeted for VNX series arrays and enables only Windows-based host and array-based write splitting.
EMC E10-001 Student Resource Guide. Module 11: Local Replication

NEW QUESTION: 2
Part of organizational development is a commitment to quality. One of the quality pioneers you should be familiar with is Philip B.
Crosby. Which one of Crosby's absolutes of quality management is revealed below?
A. Quality costs less than rework.
B. Quality must be defined before it can be achieved.
C. Quality is achieved by prevention, not appraisal.
D. Quality is planned into a project, not inspected in.
Answer: C
Explanation:
Reference: Professional in Human Resources Certification Guide, Sybex, ISBN: 978-0470-43096-5. Chapter 5: Human Resource Development. Official PHR and SPHR Certification Guide, HR Certification Institute, ISBN: 978-1-586-44149-4, Section III, The US Body of Knowledge.
Chapter: Human Resource Development
Objective: Organization Development

NEW QUESTION: 3
Kim Simpson, CFA, manages a $75 million multi-cap growth portfolio. Simpson utilizes a growth at a reasonable price (GARP) investment strategy and her investment universe consists of small, medium and large capitalization stocks. She turns the entire portfolio over once each year. Simpson is concerned about the amount of trading costs she has generated through the implementation of her investment strategy.
Simpson decides to conduct a trade cost analysis with the cooperation of her trader, Janet Long, CFA.
Simpson believes the results of the trading analysis can be used to improve trading performance and help to refine her investment strategy. The first trade they examine is a purchase of 2000 shares of Technology Company that was completed using a market order. Simpson remembers adding to her Technology Company position based on her analyst's recommendation that the company was going to generate earnings significantly above the consensus estimate in a soon to be released earnings report. The order was split into two trades as shown in Figure 1.
Figure 1: Technology Company buy order for 2000 shares

In conducting a comprehensive analysis of the trading markets, Simpson states that she is most concerned about market liquidity. Simpson defines a market with good liquidity as one with diversity of opinion, many buyers/sellers and relatively wide bid-ask spreads. In addition to reviewing market liquidity, Simpson believes that, in order to assess market quality, both the ease with which investors can obtain accurate information and the certainty that a trade will be completed must be evaluated.
Simpson and Long review their trade of Nano Corporation, a small biotechnology company. Simpson used a limit order because her analyst had established a specific buy target and she wanted to hold down transaction costs. To handle both explicit and implicit trading costs, Simpson measures execution costs using implementation shortfall. The buy order for 100,000 shares of Nano stock has the following timeline:
* Nano stock price closes at $35.00 per share.
* Day one: Simpson places a limit order for 100,000 shares of Nano stock at $34.75 per share or better at the opening of trading. However, Nano's stock never falls below $35.00 per share and closes at $36.50 per share.
* Day two: Simpson adjusts her limit order price to $37.00 per share or better. Long is able to fill 50,000 shares of the order at $36.75 per share. Nano's stock climbs to $38.00 per share during the day and Simpson moves the limit price to $40.00 per share or better. Long completes the purchase of the remaining 50,000 shares of Nano at $40.00 per share, which is also the closing price of Nano's stock.
* The commission for each block trade is $2,500.
Long suggests implementing the Best Execution concept as established by the CFA Institute in its Trade Management Guidelines. Long states best execution would accept a high portfolio turnover strategy provided the overall portfolio value is greater after trading costs. Long asserts that her professional relationships are integral to best execution.
Which one of the following trader motivations best describe the Technology Company trade?
A. Liquidity-motivated.
B. Information-motivated.
C. Value-motivated.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The Technology Company trade was based on information-motivated trading. Simpson's analyst obtained some piece of information that motivated her to have Simpson acquire more shares of Technology Company. Simpson quickly executed the order through a market order. (Study Session 16, LOS 45.j)