Question 1
If stock markets are efficient then
◦ share prices will accurately reflect all information about current and future performance.
◦ share price fluctuations away from predicted vales will be random.
◦ there are no returns to be made from shareholding.
◦ A and B
Question 2
Business strategy describes the way in which an organisation addresses its fundamental challenges over the medium to long term.
◦ true
◦ false