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Describe the types of traders that are active in the futures markets.Explain why each type is in the markets and how their goals differ.Give an example of how each might use the market.
Self-managed Teams
Groups of employees who are given the authority and responsibility to manage themselves and make decisions about their work without direct supervision.
Decision Making
The mental act of choosing an option from a range of possible actions.
Legitimate Power
The power a person receives as a result of his or her position in the formal hierarchy of an organization.
Ethical Use
Ethical use involves applying moral principles to ensure respect, fairness, and integrity in various contexts such as technology, business, and research.
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