If Stock Prices Follow a Random Walk

question 15

Multiple Choice

If stock prices follow a random walk,

• A) it implies that investors are irrational.
• B) it means that the market cannot be efficient.
• C) price levels are not random.
• D) price changes are random.
• E) price movements are predictable.

Recognize the impact of organizational culture on employee behavior and organizational performance.

Comprehend the importance of aligning individual preferences with organizational culture for enhancing employee satisfaction and effectiveness.

Explain the concepts of internal integration and external adaptation in organizational culture.

Identify the role of socialization in developing and maintaining organizational culture.

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Definitions:

Ballpark Estimate

An approximate calculation or judgment of the value, number, quantity, or extent of something, intended to provide a rough understanding rather than precise accuracy.

Synchronous Communication

Synchronous communication refers to real-time exchanges where participants are present at the same time, such as in meetings or live chats.

Audio Conference

A telecommunication method that allows multiple people to participate in a conversation over audio channels without being in the same location.

Asynchronous Communication

Communication where exchange of information does not occur in real-time, allowing participants to respond at their own convenience.