An efficient market is one where the prices of the assets traded in that market fully reflect all

available information at any instant in time.

Indicate whether the statement is true or false


TRUE

Business

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The marketing management team of Superior Foods Inc. hired a research firm to collect preference data from consumers in several former Soviet Bloc countries. However, the researchers struggled to get these data, especially from older citizens who were afraid that the information would be used against them, as it had been when they were under a Communist government. Which of the following problems associated with collecting primary data in global markets does this scenario exemplify?

A. limited access B. inaccurate language translation C. Insufficient comprehension D. unwillingness to respond E. unreliable sampling procedures

Business

By some estimates __________ of employee learning occurs via on the job training.

A. 20-30 percent B. 40-50 percent C. 60-70 percent D. 80-90 percent

Business

Which of the following is a profitability ratio?

A. Return on equity B. Receivables turnover C. Times interest earned D. Inventory turnover 

Business

The cheapest form of life insurance that provides coverage for a specified time period is ________

Fill in the blank(s) with the appropriate word(s).

Business