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According to the theory of constraints, which of the following is not a step required to maximize and improve the performance of a value chain?
Bullish Outlook
An expectation that a market, security, or economy will rise in value in the foreseeable future.
Out-of-the-money
A term used in options trading referring to options that would not make a profit if exercised immediately because their strike price is unfavorable compared to the current market price.
In-the-money
Describes an option with intrinsic value; for a call option, when the underlying asset's price is above the strike price; for a put option, when it's below.
Put Option
A financial contract that gives the buyer the right, but not the obligation, to sell an underlying asset at a specified price within a certain timeframe.
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