It Is Important to Stick to Your Ethical Code Because

question 27

Multiple Choice

It is important to stick to your ethical code because ____.

• A)the law requires it
• B)that is always the easiest way to do business
• C)an entrepreneur's reputation is critical to success ​
• D)an ethical code drives the company's vision
• E)All of these choices ​

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Definitions:

Investment Scenario

A projection or model of potential financial outcomes based on specified conditions or assumptions.

Dollar-Weighted

A method of calculating investment returns that accounts for the timing and amount of cash flows into and out of the investment.

Time-Weighted

A method for calculating investment returns that eliminates the impact of cash flows into and out of the portfolio, focusing on the manager's ability to select securities.

Pension Fund

A pool of assets forming an investment plan that provides retirement income to employees.