Do You Feel That the Engineer Is Needed in the Service

question 5

Essay

Do you feel that the engineer is needed in the service field. Give 2 examples from the web readings.

Identify the significance of filing financing statements and the effects of improper filing.

Distinguish between perfected and unperfected security interests and their priorities.

Understand the conditions under which a secured party can take possession of collateral and the options following a debtor's default.

Realize the implications of default and the rights of secured parties to repossess and dispose of collateral.

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Definitions:

Universalism

The ethical concept that some principles or values are universally applicable and must be respected across all cultures and situations.

International Business

Commercial activities that involve transactions of goods, services, or resources between companies or consumers across national borders.

Social Responsibility

The obligation of an organization to act in ways that benefit society at large, beyond its own interests.

Ethical Standards

Principles that guide the behavior of individuals and organizations, ensuring actions are morally right and respectful towards others.