<span>Given that Suri
owns 100 shares in opq oil company. after looking at the firm's latest
annual report, she feels good about the performance of the company, so
she tells her broker to buy 100 more shares but to pay no more than $33 a
share.
Suri just issued her broker a limit order.
</span><span>A limit order is an order to buy or sell a stock at a specific price or better. A buy limit order can only be executed at the limit price or lower, and a sell limit order can only be executed at the limit price or higher.</span>
Answer:
firm-specific risk.
Explanation:
Firm-specific risk can be regarded as unsystematic risk tht is associated with a specific investment in a particular firm, and as regards to theory of finance this is completely diversifiable.
Under this risk, It is possible for an investor to lower their risk through increament of the number of investments that they are having in their portfolio. As regards investor,
specific risk can be regarded as hazard which applies to a specific company.
It should be noted that The risk that cannot be diversified away is firm-specific risk.
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Choice (b) is correct. Market efficiency entails unpredictable stock prices in the market. Since there is a higher risk of investment losses in an unpredictable stock prices change, the best investment strategy is to diversify portfolio so as to minimize loss on the other stock while maximizing gain from another.
Answer:
Communicate differences to supervisors to facilitate promotion decisions
Explanation:
Budgets are used to <em>control</em> firm activities. In the process of controlling activities, managers and supervisors might meet the targets, this would be a good thing as the practices they applied are used in areas not meeting targets. thus budgets are used for <em>motivation</em> purposes instead of <em>facilitating </em>promotion decisions
