Because of Professional Management,there Is No Need for the Individual

question 111

True/False

Because of professional management,there is no need for the individual investor to evaluate a mutual fund investment.

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Definitions:

Moral Values

Principles and beliefs concerning what is right and wrong, guiding individual and societal behavior towards ethical decisions.

Standards Of Conduct

Established guidelines and principles expected to be followed by individuals within an organization or a profession, ensuring ethical and responsible behavior.

Business Ethics

The study of appropriate business policies and practices regarding potentially controversial subjects including corporate governance, insider trading, bribery, discrimination, corporate social responsibility, and fiduciary responsibilities.

Social Responsibility

Social responsibility involves businesses and individuals acting in a manner beneficial to society, focusing on ethical practices, sustainability, and community welfare.