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In Many Large Retail Stores,price Markdowns Are Now Determined by Computer.The

question 43

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In many large retail stores,price markdowns are now determined by computer.The "middle managers" who used to make these decisions personally became __________ unemployed.

Analyze the role of financial strategies in facilitating mergers and acquisitions.
Understand the concepts and definitions related to mergers, acquisitions, divestitures, and corporate governance.
Identify the financial considerations and calculations involved in the valuation of mergers and acquisitions.
Recognize the strategic rationales and outcomes for mergers, acquisitions, and divestitures.

Definitions:

Fiduciary Standard

The fiduciary standard is a legal and ethical requirement for certain financial advisors to act in the best interest of their clients, putting the clients' interests ahead of their own.

Investment Advisors

Professionals who provide financial advice or investment management services to clients, based on their financial situation and goals.

Clients' Interests

The priorities and goals that are in the best financial or professional benefit of a client, often emphasized in advisory roles.

Suitability

The requirement that investment choices made by a financial advisor or broker must be appropriate for the client, taking into consideration the client's financial situation, objectives, and risk tolerance.

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