Are markets moving toward being more efficient or toward being less efficient?
What will be an ideal response?
Answer: Empirical evidence shows that since about the year 2000 pricing anomalies have diminished considerably. Hedge funds have been trying to exploit pricing inefficiencies, and by doing so, eliminate the inefficiencies. Hence, the market appears to be becoming more efficient over time.
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Mega Corp is being sued for violating U.S. clean air laws. If Mega Corp’s CEO directs its employees to destroy all environmental reports that will be damaging to Mega Corp so that the plaintiffs don’t get them, may the employees destroy the environmental reports?
A. Yes, because they have not been asked for yet B. Yes, because they are confidential business documents C. No, this is spoliation of evidence D. No, a court would have to permit destruction
A relocation control system that reports summaries on the total moving, house hunting, and home financing costs for employees in all company divisions would fall into the category of
A) knowledge management systems. B) transaction processing systems. C) executive support systems. D) management information systems. E) decision support systems.