How Do You Think the Introduction of Internet Brokers

question 46

Essay

How do you think the introduction of internet brokers affected the
efficiency of U.S. financial markets? Why?

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Definitions:

Spans Of Control

The number of subordinates or units that a manager or leader can directly oversee effectively.

Managers

Individuals responsible for planning, organizing, directing, and controlling resources to achieve specific organizational goals.

Subordinates

Employees or team members who are lower in rank or position and are typically under the direction of a manager or supervisor.

Mechanistic Designs

Mechanistic designs in organizations are structured, hierarchical, and bureaucratic systems, characterized by clear, rigid divisions of labor and centralization of decision-making.