Also, the inventory of intermediate or process stocks will change constantly. At some stage, the ownership of various products and intermediate stocks has to be determined. In fact, the allocation of ...

Bower, J. L. Managing the Resource Allocation Process: A Study of Corporate Planning and Investment. Boston, MA: Harvard Business School, Division of Research, 1970.

Passive products such as index funds and ETFs are better-suited for tactical allocation in a portfolio. If mutual funds are a cricket team, actively-managed funds would be the star batsmen while ...