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Charra [1.4K]
3 years ago
14

Describe a situation in which there could be a conflict of interest between an IT consultant’s self-interest and the interests o

f a client. How might this potential conflict be addressed?
Business
1 answer:
timurjin [86]3 years ago
7 0

Answer:

An example of a situation in which there could be a conflict of interest between an IT consultant’s self-interest and the interests of a client is a delay in duration for completion of a project.

This potential conflict can be addressed by providing a report of activities that have ensued within the time lapse and give reasons for extension of time.

Explanation:

An IT consultant saddled with the responsibility of developing a website for a client could have a disagreement with the client if he does not deliver on the job as at when due.

This could be due to his inability to concentrate on the project as a result of other personal engagements he has which could make him earn more.

To assuage his client's disapproval, he can present a detailed report showcasing the progress on the project and estimate an additional time to complete it.

He must be calm and courteous in his approach no matter how infuriated his client is.

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3 0
3 years ago
Waterway Industries began the year with retained earnings of $316000. During the year, the company issued $421000 of common stoc
Rus_ich [418]

Answer:

<u>revenues = 1,201,100</u>

<u></u>

Explanation:

$$Beginning Retained Earnings$$$+/- Net Income/Loss$$$- Dividends$$$Equals Ending Retained Earning

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5 0
3 years ago
member of the production team skilled in research and analysis, who helps actors, designers, and directors better understand the
monitta

Answer:

Dramaturg

Explanation:

Dramaturg is the term which is defined as the editor or the literary adviser in the film company, theatre or opera, who researches, texts, selects, interprets scripts and printed programmes, does the public relations work.

So, in this case, the member of the production team who helps the directors, actors as well designers to better understand the specifications of the play is referred to the Dramaturg.

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3 years ago
The formula for the production budget is budgeted sales in units plus desired ending merchandise inventory less beginning mercha
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Answer:

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production budget can be regarded as budget that gives the calculation of the number of units of particular products which is needed to be manufactured, this is comprises the sales forecast as well as amount of finished goods inventory that is planned to have on hand.

It should be noted that the formula for the production budget is desired ending finished goods units less beginning finished goods units..

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