What Is an Ethical Rule, and Who Is It Applicable

question 16

Short Answer

What is an ethical rule, and who is it applicable to? ​

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Definitions:

Executive Summary

A brief section at the beginning of a document, summarizing the most important points for quick review.

Forecasting External Financing

It involves predicting the amount of external funding a company will need to support its anticipated growth and operational needs.

Management Team

The group of individuals responsible for the strategic planning and day-to-day operations of a company.

Business Plan

A document projecting a firm’s physical and financial performance into the future. Business plans can be short or long range. Long-range plans are “strategic” and tend to be more verbal than financial. Shorter-term plans are described as “operational,” and detail the more routine running of the business.