What is the difference between a price-driven trading system and an order-driven trading system? Which system lends itself most easily to automation?
What will be an ideal response?
In a price-driven system, dealers who act as market markers for certain stocks stand ready to buy at a bid price and sell at an ask price. In an order-driven system, share prices are determined in an auction that brings together the supply and demand of shares. The order-driven system can be most easily automated, as it is easy to let a computer store demand and supply schedules, and determine the equilibrium price.
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Which stage of the organizational design process includes focusing on employees’ roles and performance, the way they communicate with each other, and their willingness to adjust to change?
a. Gathering data b. Renew the design c. Setting the scene d. Implementing the design
Mary, an illegal immigrant, orally agrees to pay Michael $10,000 for him to marry her so
that she can stay in the country. If Michael sues to enforce the promise, which of the following will be TRUE? A) Michael will not be able to enforce the agreement unless he can show that he has performed his side of the bargain B) The agreement is unenforceable C) The agreement is fully enforceable D) The agreement will only be enforceable if Michael can use independent witnesses to prove the existence of the contract. E) As the agreement was made orally it is not enforceable.
When a debtor fails to pay for labor and materials furnished for the repair or improvement of personal property, a creditor can recover payment through a mechanic's lien
Indicate whether the statement is true or false
In a situation where the dependent variable can assume only one of the two possible discrete values,
A. we must use multiple regression. B. there can only be two independent variables. C. logistic regression should be applied. D. all the independent variables must have values of either zero or one.