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The Futures Markets Are Considered by Some to Be Highly

question 22

Essay

The futures markets are considered by some to be highly risky and equivalent to gambling.Why is this an inaccurate portrayal of the market's function?


Definitions:

Enterprise

An organization or business venture, particularly one that is large, complex, or involves substantial resources.

IT

Information Technology, referring to the use of computers, software, and networks for the processing and distribution of data.

ERP Systems

Enterprise Resource Planning systems integrate various functions across an organization into a unified database to streamline processes and information across the organization.

TPSs

Transaction Processing Systems, computerized systems that perform and record the daily routine transactions necessary to the operation of a business.

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