An Efficient Capital Market Is One in Which

question 29

Multiple Choice

An efficient capital market is one in which:

• A) all securities that investors desire are offered.
• B) all transactions are closed within 2 business days.
• C) current prices reflect all current information.
• D) the lowest interest rates are offered.

Understand the concept of trait visibility and its impact on the accuracy of personality judgment.

Grasp the concept of the acquaintanceship effect and its limitations in personality judgment accuracy.

Recognize the role of gender differences in the accuracy of personality judgments.

Understand the complexity of the 'good judge' of personality and the variables that affect judgment accuracy.

---

Definitions:

Inequitable Female Job Classes

Describes job categories or classifications that unfairly disadvantage women in terms of pay, opportunities, or treatment compared to male-dominated job classes.

Hay Plan

A method of job evaluation developed by the Hay Group that assesses positions on the basis of know-how, problem-solving ability, and accountability to determine relative worth.

Executive Jobs

Professional positions with significant decision-making responsibilities often within the higher levels of an organization's hierarchy.

Job Evaluation Method

A systematic process used to determine the relative worth of jobs within an organization, often as a basis for establishing pay scales.