Tell how your understanding of efficient markets helps with investing
What will be an ideal response?
Answer: My understanding tells me several things worth knowing, which include:
- There is no foolproof system for beating the market; invest for the long-term.
- Do not try to time the market to take advantage; stay with your plan.
- Focus on the asset allocation process based on your age in the financial life cycle.
- Keep down the commissions that are paid to brokers and professionals.
- Diversify and seek help if you do not feel comfortable.
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The process of locating and attracting qualified applicants for jobs open in the organization is called
A. enlisting. B. selection. C. hiring. D. recruiting. E. job posting.
There is reason to believe that pay secrecy can do all of the following EXCEPT
A. generate distrust in the compensation system. B. reduce employee motivation. C. inhibit organizational effectiveness. D. generate feelings of commitment.
Which of the following statements is true of sociotechnical systems (STS)?
A. STS emphasizes teamwork and self-managed and autonomous work groups. B. STS is completely different from lean production methods. C. STS discourages the inclusion of human values in the work process. D. STS is based on Taylor's scientific management approach to job design.
Because poor creditworthy customers may cause bad debt losses, credit sales to them should not be
allowed. Indicate whether the statement is true or false