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erma4kov [3.2K]
3 years ago
5

An investment advisory firm does its own research, using a group of dedicated employees and has a separate staff of investment a

dviser representatives (IARs) who solicit new accounts. In an effort to maintain confidentiality between the research staff and sales staff, the investment adviser MUST:
Business
1 answer:
katen-ka-za [31]3 years ago
4 0

OPTIONS:

A. establish a Chinese Wall between the research personnel and the sales personnel

B. register both the research personnel and the sales personnel in each State where the IA's services are offered

C. cross-train the research personnel and the sales personnel in each other's functions so that in the event of a confidentiality breach, one can take over the functions of the other

D. establish two separate IA firms registered with the State with one only having research personnel and the other only having sales personnel

Answer: A. establish a Chinese Wall between the research personnel and the sales personnel

Explanation: In a bid to maintain confidentiality and avoid leakage of vital information, there must be a barrier between the research personnels who makes findings on investment opportunities and packages for client needs and the sales personnels. This is because, research and investment informations are treated as classified and leakage could lead to bias, whereby some consumers will get the information and make moves before other consumers are informed via official release by the firm.

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Customers are more likely to tell their friends about negative experiences with companies than positive ones because:
polet [3.4K]

There is more drama involved in unmet expectations.

The reason why customers are more likely to tell their friends about negative experiences with companies than positive ones is that humans often remember the hateful things said than the nice things

Also, when customers are satisfied with one's service, they rarely tell others. whereas an unsatisfied customer would tell others about his or her bad experience due to unmet expectations.

Logically, customers would have bigger impressions in their mind when they have bad experiences reason companies work on strengthening and improving their customer experience team.

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8 0
3 years ago
A property owner installs a new air conditioning system. how does this affect the property's effective age?
Rama09 [41]

The effect that the newly installed air conditioning system would have on the property's effective age would be: it decreases it.

<h3>What is a Property's Effective Age?</h3>

The effective age of a property can be described as the reflection of the true life of the property that is left remaining, based on the life expectancy that is typical of equipment or buildings that are similar to it and their usage.

So, when a property owner installs a new air conditioning system on a property, the air conditioning system, can cause wear and tear to the property which reduces how long the property can serve its purpose.

Therefore, we can conclude that the effect that the newly installed air conditioning system would have on the property's effective age would be: it decreases it.

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6 0
2 years ago
On December 31, Fighting Okra Cooking Services reports the following revenues and expenses. Service revenue $ 78,500 Postage exp
Studentka2010 [4]

Explanation:

The preparation of the year-end income statement for Fighting Okra Cooking Services is presented  below:

                                      Fighting Okra Cooking Services

                                                 Income statement  

                                                As on December 31

Revenue  

Service revenue $78,500

Total revenues $78,500 (A)

Less: Expenses

Postage expense $1,500

Legal fees expense $2,600

Rent expense $21,000

Salaries expense $22,000

Supplies expense $20,000

Total expenses $67,100 (B)

Net income $11,400 (A- B)

4 0
3 years ago
Caleb is a football enthusiast. He watches all the big games, collects football memorabilia, and knows everything there is to kn
kotykmax [81]

Answer:

enduring;

situational

Explanation:

The concept of enduring participation implies the existence of a long-term relationship, regardless of the current situation.

Situational participation depends on the moment and how attractive the event is in a specific period of time.

6 0
4 years ago
A leader, such as Bill Gates of Microsoft, who can inspire followers above their own self-interests and can have a profound effe
arsen [322]

Answer:

Transformational leadership

Explanation:

Transformational leadership is an authority style that can rouse positive changes in the individuals who pursue. Transformational pioneers are commonly vigorous, excited, and energetic. Not exclusively are these pioneers concerned and associated with the procedure; they are likewise centred on helping each individual from the gathering prevail as well. Through the quality of their vision and character, transformational pioneers can motivate supporters to change desires, judgements, and inspirations to move in the direction of shared objectives.

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