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One Advantage to Centralized Recruitment Is That Recruitment Efforts May

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One advantage to centralized recruitment is that recruitment efforts may be undertaken in a more timely manner.


Definitions:

Risk-Return Relationship

The principle that potential return increases with an increase in risk, describing the trade-off between the desire for the lowest possible risk and the highest possible return.

APT

Arbitrage Pricing Theory, a model that predicts the expected return of a financial asset based on its sensitivities to macroeconomic factors.

Risk Premiums

The extra return expected by investors for holding a risky investment instead of a risk-free asset.

Benchmark Market Portfolio

A standard or reference against which the performance of a security, mutual fund, or investment manager can be measured.

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