Briefly Define the Terms Mutual Fund and Diversification

question 39

Essay

Briefly define the terms mutual fund and diversification.

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Definitions:

Managerial Accountability

The responsibility of managers to report and justify task outcomes to those above them in the company hierarchy and to the wider public.

Codes of Ethics

Guidelines designed to outline acceptable behaviors and decision-making processes for professionals within a specific field or organization.

Internal Communications

The exchange of information and messages within an organization among employees and management to ensure everyone is informed and aligned with the company's goals and activities.

Organizational Culture

The shared values, beliefs, practices, rituals, and norms that define an organization's personality and dictate the behavior of its members.