Performing duties in accordance with relevant laws, regulations, and technical standards comprise the IMA professional ethics standard of: <u>competance</u>.
Members of IMA are expected to act morally. A dedication to moral professional conduct entails broad concepts that embody our beliefs and standards that direct member behaviour.
The fundamental ethics standard of IMA are: Honesty, Fairness, Objectivity, and Responsibility. Members are expected to follow these guidelines and to inspire others in their organisations to do the same.
The Competence, Confidentiality, Integrity, and Credibility criteria must be followed and upheld by IMA members. If you don't comply, you can face disciplinary action.
To learn more about IMA standard of Competence, refer
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The correct answer is C.
A natural monopoly is a market situation in which a single firm serves the whole market, therefore it is the only producer of a certain good or service, due to the fact that there exist some natural conditions which establish huge barriers for new competitors entering in the market, in the sense of extremely large fixed costs.
In such a case there is no market competition, therefore the monopoly can decide on the quantity supplied and on the price of the products (usually establishing a much higher one that if there was competition). Such a situation is harmful for consumers. They purchase products at a higher price and with lower quality because, as there is no competition, producers are not forced to continuously develop and improve their products. This is why goverment intervenes, trying to soften the situation by decreasing the profits of the monopolists and increasing the welfare of consumers, and the social welfare.
Answer:
I want to sell this product
Answer/Explanation:
Most Russians live in Europe and few live in Asia.
