Because financial markets are ____, securities buyers and sellers do not have full access to information and cannot always break down securities to the precise size they desire.
a. efficient
b. inefficient
c. perfect
d. imperfect
<u>Answer:</u>
Because financial markets are imperfect, securities buyers and sellers do not have full access to information and cannot always break down securities to the precise size they desire.
<u>Explanation:</u>
An imperfect market is an entirety in which specific buyers and sellers can affect costs and production, where there is no complete revealing of information about goods and costs, and where there are huge obstacles to approach or exit in the business.
Imperfect markets do not satisfy the precise measures of a possible absolutely or competing market. If financial businesses were perfect, all erudition about any protection for trade-in prime and subsequent businesses would be continuously and openly accessible to investors.
Because financial markets are <u>Imperfect</u>, securities buyers and sellers do not have full access to information and cannot always break down securities to the precise size they desire.
<u>Explanation:</u>
An imperfect market is a whole where individual buyers and sellers may influence prices and efficiency, where there is no full transparency of knowledge about products and costs, and where there are large barriers in the sector to enter or exit.
Imperfect markets may not follow the exact measurements of an actual or competitive possible market. If financial businesses were ideal, investors would be constantly and freely responsive to all erudition about any security for trade-in prime and corresponding businesses.
The correct answer to this question is letter "b. to prevent monopolies and collusion." An essential government role in market economies is <span>to prevent monopolies and collusion. If it happens that there is monopoly and collision, then it will be a big problem to consumer.</span>
Cross training involves teaching an employee the the skills required to execute the task he/she was employed for and also the skills required to perform a different job function. G4S is a security firm and the primary job function of its recruit will be protecting life but there might be case of an injured individual that need quick medical help, in such cases an employee is required to know basic first aid. Hence the need for cross training.
Since in the question it is mentioned that the company could hired marketing managers after testing their strategic thinking by providing the job description i.e any task designed to provide you with an realistic summary of the day-to-day tasks you are interviewing.
So according to the given situation, the company uses the assessment centers so that they could analyze the individual performance at the time of interview
