Define the Basic Concepts of Responsibility,accountability,and Liability as Applied to Ethical

question 49

Essay

Define the basic concepts of responsibility,accountability,and liability as applied to ethical decisions.How are these concepts related?

Learn how to set up and interpret probability distributions for simulation.

Differentiate between the requirements and applications of simulation versus other operations management models.

Understand the characteristics and applications of the normal distribution in analyzing security returns.

Calculate arithmetic and geometric returns for investments.

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Definitions:

Significant Influence

The ability of a shareholder or an entity to shape the financial and operating policies of another company without having control over it.

Cash Dividend

A distribution of a portion of a company's earnings, decided by the board of directors, paid to a class of its shareholders in the form of cash.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenues, indicating the company's financial performance over a specific period.

Trading Securities

Financial instruments bought and sold for the purpose of generating profits on short-term fluctuations in price.