Examlex
How can a firm fight the negative effects of bureaucracy, and build a structure more conducive to innovation?
Correlation
A statistical measure indicating the degree to which two variables' movements are associated with each other, ranging from -1 (perfect negative correlation) to 1 (perfect positive correlation).
Time Diversification
An investment strategy that spreads exposure across different periods to reduce risk associated with market volatility.
Standard Deviation
Standard deviation is a statistical measure that quantifies the amount of variation or dispersion of a set of data values.
Uncertainty
The lack of certainty in the outcome of an event, often quantifiable and factored into models and decision-making processes in finance.
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