Define Organizational Ethics

question 2

Short Answer

Define organizational ethics.

Understand the specific benefits provided to executives and their implications.

Identify the steps and elements involved in the factor-comparison method for job evaluation.

Acknowledge the importance of equitable compensation strategies to prevent organizational issues.

Recognize the significance of life-cycle and non-monetary benefits in employee satisfaction and retention.

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Definitions:

Marking to Market

The process of updating the value of an asset to its current market levels for accounting and regulatory purposes.

Future Positions

Contracts to buy or sell a specific quantity of a commodity, currency, or financial instrument at a predetermined price at a future date.

Daily Settlement

The process of settling trades at the end of each trading day, including the calculation of gains and losses.

Maintenance Margin

The minimum amount of equity that must be maintained in a margin account after a purchase has been made, in order to keep the account open.