"Buy Low and Sell High Is Advice Given to People

question 33

Essay

"Buy low and sell high is advice given to people who want to make a profit by buying and selling shares of stock.Arbitrage is defined as buying a product in one market at a low price and reselling it in another market at a high price.Therefore, when stock brokers buy and sell stocks to earn a profit they are engaging in arbitrage." Evaluate this statement; state whether it is true or false and explain your answer.

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Definitions:

Performance Goals

Defined outcomes that individuals or teams aim to achieve within a specific time frame.

Team's Motivation

The driving forces that influence the enthusiasm and persistence of a team towards the accomplishment of its goals.

Knowledge-based Trust

Trust that is built over time based on the parties’ knowledge and experience of each other, implying reliability and competence.

Diversity

Diversity refers to the inclusion and representation of different groups of people, including varying cultures, backgrounds, races, genders, and ideas, within a community or organization.