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A Large Grouping of People That Engages in Concerted Collective

question 61

Multiple Choice

A large grouping of people that engages in concerted collective actions to achieve specific objectives is called:


Definitions:

Security Selection

The process of choosing individual securities for investment with the aim of achieving a portfolio's investment goals.

Investment Portfolio

An assortment of monetary assets, including shares, bonds, commodities, money, and near-money instruments such as mutual funds and exchange-traded funds (ETFs).

Asset Classes

Categories of assets with similar characteristics and behavior in the marketplace, such as stocks, bonds, real estate, and cash.

Securities

Assets indicating an equity share in a publicly-listed firm (stock), a lending arrangement with a corporation or government (bond), or ownership rights via options.

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