According to the efficient market hypothesis, prices of actively traded stocks ________
A) can be under- or over-valued in an efficient market
B) can only be under-valued in an efficient market
C) do not differ from their true values in an efficient market
D) can only be over-valued in an efficient market
C
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Which of the following is a contemporary approach to management?
A. scientific management B. human relations C. administrative management D. systematic management E. quantitative management
Why is it important for public relations professionals to read and understand the news?
A) It helps them build their own news writing skills. B) It informs them of what journalists write, comment, and blog about. C) It enables them to compliment journalists when pitching a story. D) It provides a competitive edge against unfriendly competition.