The Expression 'Quote-Driven Markets' Refers to the Practice of Deals

question 53

True/False

The expression 'quote-driven markets' refers to the practice of deals being based on the quotes provided by dealers.

---

Definitions:

Department Manager

A position responsible for overseeing the operations, productivity, and personnel of a specific department within an organization.

Revenues

The cumulative financial gain acquired by transacting goods or services indispensable to an enterprise's principal undertakings.

Decentralization

The distribution of decision-making powers from a central authority to smaller units or individuals within an organization.

Profitability

The ability of a business to earn a profit, which is the balance of revenue after accounting for all expenses, taxes, and costs.