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News and Society: Anthropology Sociology Article Category - Page 4 What is the big deal about groups? What are the characteristics of groups? Entiativity is how coherent a group appears. Groups are characterized by roles, status, norms and cohesiveness. Roles can make people behave differently than they normally would. For instance, a woman manager behaves differently, probably in a more masculine manner, at work, than she would behave at home, in a family like group. Physical features (such as beauty and height) and behaviors help people gain status in a group. An example of this statement is the film or Hollywood industry, where beautiful actors and actresses may get a shot, even if they are not talented at acting. Another example of this statement is the corporate world.

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capital asset pricing model (G1)
A model which demonstrates that the reward for holding a risky security which is part of a well-diversified portfolio is based on its BETA risk. It is assumed that the securities market is in a state of frictionless PERFECT COMPETITION, that investors invest for the same length of time and have identical expectations concerning the probable returns from securities invested then, and that investors can borrow or lend unlimited amounts of money at a risk-free rate of interest. The publication of beta statistics for many shares has often enabled investors to increase the overall return to their portfolios. Criticisms of the model are directed chiefly at its assumptions.
Reference
Levy, H. and Sarna!, M. (eds) (1977) Financial Decision Making under Uncertainty, New York: Academic Press.
Merton, R.C. (1973) 'An intertemporal capital asset pricing model', Econometrica 41: 867-87.

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