A Strong Form of Market Efficiency Is Considered to Hold

question 326

True/False

A strong form of market efficiency is considered to hold in well-organized markets.

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Definitions:

Quality Circles

Small groups of employees who voluntarily meet on a regular basis to identify, analyze, and solve work-related problems, typically focusing on quality improvement.

NLRA

Refers to the National Labor Relations Act of 1935, U.S. legislation that protects the rights of employees and employers, to encourage collective bargaining, and to curtail certain private sector labor and management practices.

Labor-Management Committees

Groups formed by representatives from both labor unions and management teams to discuss and address workplace issues, improve relations, and enhance productivity collaboratively.

Supreme Court Decision

A final ruling issued by the Supreme Court, the highest judicial authority in a country.