Consultants Have an Ethical Responsibility to Minimize Harm and to Assist

question 33

True/False

Consultants have an ethical responsibility to minimize harm and to assist athletes, however if it will benefit society, then a person becomes second priority and benefitting society becomes first priority.

---

Definitions:

Expected Return

The anticipated profit or loss of an investment, calculated by taking the average of possible returns weighted by their probabilities.

Economic Scenarios

Hypothetical projections used in financial planning and economic modelling to understand the potential impacts of various macroeconomic conditions or policy changes.

Probability

A measure of the likelihood of a specific outcome or event occurring, often expressed as a percentage or a ratio.

Systematic Risk

Also known as market risk, it refers to the risk inherent to the entire market or market segment and cannot be eliminated through diversification.