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attashe74 [19]
3 years ago
10

An investment management firm has been hired by ETV Corporation to work on an additional public offering for the company. The fi

rm's brokerage unit now has a "sell" recommendation on ETV, but the head of the investment banking department has asked the head of the brokerage unit to change the recommendation from "sell" to "buy." According to the Standards, the head of the brokerage unit would be permitted to:a. Increase the recommendation by no more than one increment (in this case, to a "hold" recommendation).b. Place the company on a restricted list and give only factual information about the company.c. Assign a new analyst to decide if the stock deserves a higher rating.
Business
1 answer:
jeka943 years ago
8 0

Answer:

b. Place the company on a restricted list and give only factual information about the company.

Explanation:

There is an ethical problem in the scenario that borders on professional code of conducts in the area of objectivity and independence.

It was stated in the scenario that ''the head of the investment banking department has asked the head of the brokerage unit <u>to change the recommendation from "sell" to "buy."</u>

This is a case of wanting to interfere with the <u>objectivity</u> of the recommendations which should be based on <u>facts not bias</u>.

Secondly, the head of investment banking is trying to interfere with the <u>independence</u> of the head of brokerage unit.

According to the Standards, the head of the brokerage unit would be permitted to place the company on a restricted list and <u>give only factual information</u> about the company.

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Which of the following elements of the marketing communications mix refers to any paid form of nonpersonal presentation and prom
Lesechka [4]

Answer:

A. Advertising.

Explanation:

Advertising is an elements of the marketing communications mix refers to any paid form of nonpersonal presentation and promotion of ideas, goods, or services by an identified sponsor via print, broadcast, network, electronic, and display media.

In other words, it is a means of promoting products or services of the sponsors.

Advertising is also a means of increasing the sales or consumption of goods and services by the sponsors through the product image, otherwise termed as "brand" with specific characteristics in the minds of the consumers.

Advertising can be done through the following means:

1. Newspaper

2. Radio

3. Television

4. Outdoor and Transit

5. Direct mails

6. Online.

7. Magazine

7 0
3 years ago
When a country experiences capital flight, its net capital outflow, a. which is part of the demand for loanable funds, increases
Dahasolnce [82]

Answer:

D

Explanation:

Capital flight will reduce the quantity of money supply that can be loaned to investors.

8 0
3 years ago
A company's flexible budget for 24,000 units of production showed per unit contribution margin of $2.50 and fixed costs, $31,200
ANTONII [103]

Answer:

The operating income will be:

Total contribution($2.50 x 29,000) = 72,500

Less: Fixed cost                                = 31,200

Operating income                            = 41,300

Explanation:

The contribution per unit is $2.50. This per unit contribution will be multiplied by the number of units produced and sold in order to obtain total contribution. Operating income is the excess of total contribution over fixed cost.

6 0
3 years ago
Seven months ago Able helped Baker to prepare and file the complaint and summons in a lawsuit Baker was pursuing against Chuck.
adell [148]

Answer:

A true

Explanation:

7 0
3 years ago
true or false, Even with interest-rate a bank pays on your account the real rate of return on that negative because of inflation
Ugo [173]

This may be true or false depending on the situation.

Explanation:

If countering in the inflation, banks were giving negative values all the time to their consumers they would not survive in the game.

But this is not to say this is not a practice that has been done to the unsuspecting people who have wanted to invest money.

They are being given policies and rates that after countering inflation are actually in loss for them as they do not grow as much as the money would have devalued by then.

This is however quite rare and is a malpractice.

4 0
3 years ago
Read 2 more answers
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