Answer:
Stillman should register as an investment adviser representative in state P.
Explanation:
Investment adviser representatives (IARs) must necessarily register in the state that they work in. In this case, Rock, Feller, and Standard (RFS) must be registered in all the states where it has offices functioning, but Stillman only needs to register in the state where his office is. If Stillman worked half year in state P and the other half in state M, then he would need to register in both states. But since this is not the case, then registering in state P should be enough.
Answer: Zero
Explanation:
The Correlation Coefficient measures the relationship between 2 variables under study and ranges from -1 to +1 which -1 meaning that the two are perfectly negatively correlated and +1 meaning they are perfectly positively correlation. A Correlation Coefficient of 0 means that there is no relationship.
An efficient market is one where all information is available to every market participant. This means that one cannot use information from one period to make abnormal profits in another period because all information is available. The Correlation Coefficient will therefore show 0 because information from the previous period is not being used in another period meaning there is no relationship between stock returns.
The answer to your question is true
Answer:
The correct answer is 'Average prices are rising, but it is not certain what is happening to relative prices'.
Explanation:
Inflation is the overall increase in the prices of goods and services. It is a quantitative measure to understand the change in the prices. In general, inflation means average prices of goods and services are rising. It does not account for the relative prices so it is not certain what is happening to relative prices.
Answer:
Need to come up with a sustainable competitive advantage that draws in customers and produces a competitive edge over rivals.
Explanation:
The main objective of every company is to earn profits and grow in the market. But to attain that objective company needs to formulate and implement some business strategies which shall provide them the edge to success.
The management has the duty to run the company with the resources available and optimise them at their best.
To attain maximum profit the management shall formulate a strategy that shall provide the customers with maximum benefits with the product, and the business an extra edge to market share so that the competitors fall behind and the business gains maximum reach.
