The Feedback Phase of the CFA Institute's Investment Management Process

question 2

Multiple Choice

The feedback phase of the CFA Institute's investment management process

• A) uses data about the client and capital market.
• B) uses details of optimal asset allocation and security selection.
• C) uses changes in expectations and objectives.
• D) All of the options are correct.
• E) None of the options are correct.

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Definitions:

Expected Job Performance

The standard or level of work output that is anticipated from an employee by their employer.

Deficiency

A lack or shortage of something necessary, indicating an area that requires improvement or supplementation.

Effective Performance Appraisal

A process for evaluating employee performance using criteria that are fair, accurate, and relevant, aimed at improving individual and organizational outcomes.

Validity

The extent to which a concept, conclusion, or measurement is well-founded and corresponds accurately to the real world.