Examlex
Top managers are inclined to ________ in order to obtain a competitive advantage.
Variance of Returns
A measure of the dispersion of returns for a given security or market index, typically used to gauge the risk associated with a particular investment.
Covariance of Returns
A measure used in finance to assess how two investments move in relation to each other over a period.
Correlation Coefficient
A statistical measure that calculates the strength and direction of the relationship between two variables or assets.
Diversification
A risk management technique that mixes a wide variety of investments within a portfolio to minimize the impact of any single asset's performance.
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