The Implication of Efficient Capital Markets and a Lack of Superior

question 145

Multiple Choice

The implication of efficient capital markets and a lack of superior analysts have led to the introduction of

• A) balanced funds.
• B) naive funds.
• C) January funds.
• D) index funds.
• E) futures and options.

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Definitions:

Process

A series of actions or steps taken to achieve a particular end, often involving a sequence of operations or stages.

Service Recovery

The actions a company takes after a service failure to correct the mistake and satisfy the customer.

Online Clothing Store

A website or platform that sells apparel and accessories to consumers through the internet.

Blue Shirt

Often associated with the uniform of retail employees in certain stores, symbolizing approachability and assistance.