When Investors Cannot Make Superior Profits on a Continual Basis

question 76

Multiple Choice

When investors cannot make superior profits on a continual basis based on past prices,public or private information,the market is said to be:

• A) weak-form efficient.
• B) semi-strong form efficient.
• C) strong-form efficient.
• D) fundamentally efficient.

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Definitions:

Consistent Personality

A stable set of characteristics and behaviors that are predictable and reliable over time.

Virtual Organization

An organization that uses technology to allow individuals to collaborate and work together across distance and time zones.

Internal Talent Pool

A database or inventory of current employees who have the potential to fill future vacancies within an organization, facilitating internal recruitment.

External Partners

Organizations or individuals outside of one's own organization with whom one collaborates or engages in business activities.