Examlex
What is a target? Why are targets important to a change initiative?
Efficient Market
A market in which asset prices fully reflect all available information, leading to prices that accurately represent the asset's true value.
Net Present Value
The difference between the present value of cash inflows and outflows over a period of time, used to evaluate the profitability of an investment.
Aversion To Ambiguity
A preference to avoid options for which the probability of outcomes is unknown, indicating a dislike for uncertain situations.
Gambler's Fallacy
The mistaken belief that if something happens more frequently than normal during a given period, it will happen less frequently in the future, or vice versa.
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