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Vlada [557]
3 years ago
15

Conventional wisdom says one should measure a manager's investment performance over an entire market cycle. What arguments suppo

rt this contention? What arguments contradict it?
Business
1 answer:
White raven [17]3 years ago
4 0

Answer:

In every form of analysis, it is always safer to take a macro or holistic view of the situation. This is true for the investment performance of a manager. One investment decision that went right does not suffice to classify an investment portfolio manager as proficient, neither is one that went south enough to tag him deficient.

The forecasting ability of managers, on the balance of probability, will vary for different cases, with a helicopter view of providing a more accurate measure of their performance.

However, if it was possible to analyse the market for volatility and adjust our forecasts it becomes unnecessary to look at and analyse all the information from a 12-month cycle before coming to terms about the performance of the manager.

Cheers!

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lys-0071 [83]

Answer:

The correct answer is option b.

Explanation:

National saving is the portion of total income which is left after consumption and government spending. It is the sum of total private saving and public saving.

It is that portion of national income or GDP which is not consumed by the public and spent by the government.

It can be expressed as:

National saving = Y - C - G

7 0
3 years ago
If reputable companies such as IBM and Apple have been charged with using bribes to obtain sales, why should you worry about bei
saul85 [17]

Answer:

1. Reputation.

Apple and IBM are big companies which is why their reputation was able to survive the bribery charges. You are most likely not as big as either of these companies so if you are charged with bribery, your reputation might not be able to recover like theirs did.

It is always best to be associated with a good reputation. A good reputation gives you customers who will be loyal because they appreciate the integrity you have. You should not throw this away by bribing people.

2. Consequences.

It is because Apple and IBM are so big that they were able to settle the bribery charge with the Courts. Smaller companies or people that have lesser effects on the financial system might find that their punishments will be more severe to act as a deterrent.

5 0
3 years ago
What is the best revision of sentence 6 to maintain a formal style? moreover, students will benefit from having the most current
leva [86]
The best option which contains a sentence with a perfect grammar structure is : M<span>oreover, students will benefit from having the most current information. This sentence in quite concise and includes only formal language. Formal style does not accept shortenings that you can see in the next option (info) and informal vocabulary (kids) that is placed in the third option.</span>
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3 years ago
Read 2 more answers
The area of accountancy that is focused on arranging company financial information to give to managers to make decisions is
Alina [70]

Answer: Managerial Accounting or Management Accounting.

Managerial Accounting helps managers to use the data in the financial statements in order to take decisions. These decisions help them in managing the company's operations and aid in keeping control of matters under their purview.

Managerial Accounting includes any topics from cost accounting. It helps managers to make internal plans, execute them and also see if the plans have been accurate.

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3 years ago
Closure is the property of an operation and a set that the performance of the operation on members of the set always yields a me
SashulF [63]

Answer:

Set.

Explanation:

Closure property in algebra asserts that 'when an operation(multiplication, addition) takes place among the members of a set, the result produced would surely be a member of that same set.' For example, if we add or multiply two real numbers(members of the same set), the result would be a real number for sure(a member of the same set). It implies that 'real numbers are closed under multiplication and addition.' While if I subtract two real numbers, I may or may not get a real number. Thus, the real numbers are closed under subtraction.

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