Discuss the principles of professionalism and ethics

1 answer:

4 0

Good moral principles is a fundamental of any profession. It is called a professional ethics and describes the organizational and personal standards of behavior a professional individual should posses. Ethical behavior incorporates these characteristics and values: honesty, integrity, promise keeping, loyalty, fairness, respect and concern for others.

You might be interested in

Of the following activities which is MOST likely to be an interaction between the financial manager and the information systems

ryzh [129]

Answer:

The correct answer is the option A: Developing a system to bill customers, pay suppliers and track inventory.

Explanation:

First of all, an information systems manager has the job of creating, developing and monitoring information systems that could possibly help the organization in its entire structure to improve its performance and therefore that manager focuses in the importance of information as an asset and how could it supports the decision making process for the other executives.

Second of all, a financial manager has the responsability to care about the health of the institution regarding subjects involving money and all of the companies assets. That manager must focuses in the organization of the resources that could help the organization to achieve its goal and how to use them in a proper way.

Finally, in the situation where both of those managers interact together, the main purpose will be to develop an information system, created by the information system manager, that could help the organization to gather information regarding the payment to suppliers, the track of inventory and the bill of customers due to the fact that a system with all that information will help the financial manager to take decisions more properly in order to achieve success.

4 0

4 years ago

Suppose that the government has raised by $10 a per-carat tax rate it imposes on diamonds in an effort to influence production

Alja [10]

I think we should use macroeconomic analysis to analyze it.
Macroeconomic analysis is used to analyze the policies that affect the economy on nation-wide level.
The tax rate that imposed by the government will definitely affect the total Gross Domestic Product for diamonds and affect the nation's economic scale.

3 0

3 years ago

Farmer Jones raises several hundred acres of corn and would suffer a significant loss should the price of corn decline at harves

evablogger [386]

Answer:

The correct answer is C. hedging.

Explanation:

Coverage, in finance, is the set of operations aimed at canceling or reducing the risk of a financial asset or liability in the possession of a company or an individual. Funds created for this purpose are called hedge funds.

The hedging operations consist of the acquisition or sale of a financial asset that is correlated with the element on which the coverage is to be established. Said acquisition or sale may be of shares, indices, interest rates, options, futures, etc.

7 0

3 years ago

Which term is best defined as a deposit to the seller that shows the intention of completing the transaction? Select one of the

Nady [450]

The correct option is A. Down payment is defined as the initial payment that is usually made to the seller when goods are bought on credit. Down payment is an indication that the buyer meant to buy the goods and that he will complete the payment later. Down payment are usually a certain percentage of the worth of the goods that are to be bought.

3 0

3 years ago

Many cell phone companies have similar offers and restrictions for changing numbers, adding numbers to a plan, getting a new pho

galben [10]

Based on the scenarios, it will be very likely that the similarities are due to institutional isomorphism
In business, institutional isomorphism refer to a similarity of processes or structure of one organizations with the other because they've developed under the same constraints

hope this helps

6 0

3 years ago