Since Markets Are Efficient, Institutional and Individual Investors Should Ignore

question 20

True/False

Since markets are efficient, institutional and individual investors should ignore the various investment instruments available.

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Definitions:

Achievement Orientation

A focus on setting and meeting challenging goals, benchmarking success, and a strong desire to accomplish significant tasks.

Individualism

A social theory favoring freedom of action for individuals over collective or state control.

Power Distance

A cultural dimension that describes the extent to which less powerful members of organizations and institutions accept and expect that power is distributed unequally.

Short-Term Orientation

Focusing on immediate outcomes and benefits, often at the expense of long-term goals.