If the FOMC's Directive Indicates a Change in Monetary Policy

question 56

Multiple Choice

If the FOMC's directive indicates a change in monetary policy, the account manager at the Fed's Open Market Trading Desk must

• A)design dynamic open market operations.
• B)design defensive open market operations.
• C)seek approval of the change from the Secretary of the Treasury.
• D)seek approval of the change from a majority of the presidents of the Federal Reserve district banks.

Identify and analyze the role of group norms, organizational culture, and ethical culture in influencing employee behavior and organizational performance.

Differentiate between centralized and decentralized organizational structures and their advantages.

Explain the importance and function of internal controls, audits, and legal requirements in maintaining ethical standards within an organization.

Understand the concept of whistle-blowing and the conditions under which it is effective.