I think it’s C? tell me if it’s right or wrong pls
Decide who in the organization to charge with the task of drafting the formal conflict policy. Ideally, the entity in charge of formulating this policy and overseeing its application and continued maintenance should be the human resources committee of the board of directors, which usually includes one or two members of the board, the human resources director and the organization's CEO or the duly designated representative thereof.
2
List everyone in the organization to whom the policy applies. A simple blanket statement that the policy applies to "everyone in the organization" is inherently vague and leads to questions. Be specific from the start by listing each category of person the policy applies to, including board members, officers, management, employees, contractors and share holders if relevant. Include also other organizations that function as a single entity in its relationship to the organization in question, such as corporations as shareholders.
3
Consider what constitutes a conflict of interest and make a list of these situations, with definitions when relevant. Include preventing or eliminating situations, such as the following: any applicable member of the organization who owns or has a financial interest in a competing company where that individual might be influenced to make a business decision not in the best interest of the organization if he gains financially by favoring the competing interest; any applicable member of the organization using her position to influence a hiring or promotion decision in favor of a personal and/or family relationship, including nepotism; any organization member running for public office where the public position may be used to further the organization's political, financial and/or public relations interests; and close relationships between individuals of varying levels of authority within the organization where such relationship may be perceived as favoritism, thus leading to allegations of alienation. Always include a statement that the organization intends to follow the spirit of the policy as well as its letter to prevent any attempt exempt a conflict by strict construction of policy language.
4
Include at least two separate chains of reporting to ensure anonymity and freedom from repercussion to encourage employees to come forward with information concerning conflicts.
5
Set out a step-by-step procedure by which alleged conflicts are examined and designate who conducts this investigation.
6
Consider and then clearly state all potential resulting actions the organization may take in response to a disclosed conflict, or a situation found to constitute a conflict after formal investigation.
7
Maintain the policy actively by continuing to add to or alter it in response to the organization's needs. In this way the policy becomes a "living document" that grows and changes with every new situation encountered by the organization.
8
Apply the policy consistently, and charge the policy committee with continued oversight of the application process so employees, applicants and the public understand that the organization is vigilant in its efforts to identify conflicts of interest, and committed to preventing them in the first place.
Answer: Consumers.
Explanation:
Consumers supply and demand help businesses produce goods or services at the most favorable consumer price points.
Answer:
Sample size refers to the number of observations that will be included in a statistical sample.
A sample is a collection of objects, individuals or phenomena selected from a statistical population usually by a given procedure.
The sample size affects the following:
- Confidence and Margin of Error - The more a population is varied, the higher the unreliability of the calculations or estimates. In the same vein, as the sample size increases, we have more information. The more information we have, the less we error or uncertainty we have.
- Power and Effect Size - Upping the sample size enables one to detect variances. Put differently, on the balance of probability, an average obtained on a larger sample size will exceed the average real than average collected on a smaller sample size.
- Size Versus Resources - An overtly large sample will lead to a waste of resources that are already scarce and (where human subjects are involved) could expose them unecessarily to related risks.
- A study should only be carried out only if, on the balance of probability, there is a fair chance that the study will produce useful information.
- Variableness - Population Sampling makes room for variableness. Variableness ensures that every member of the population has a probability of being represented in the sample.
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