1. True or false: Consider the differences between a high-end stock brokerage, where each client is assigned to a specialist and each client receives an individualized portfolio, versus a mutual fund, where there is a much higher volume of clients, with each client receiving the exact same portfolio (the bundle of securities that the fund holds). In Figure 4: Product-Process Matrix in the HBP No. 8012reading, the high-end stock brokerage would be positioned above and to the left of the mutual fund.