An Organization Increases Its _____________ If It Refuses to Take

question 23

Short Answer

An organization increases its _____________ if it refuses to take measures-due care-to make sure that every employee knows what is acceptable and what is not,and the consequences of illegal or unethical actions.

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Definitions:

Nominal Rate

The interest rate stated on a financial product, not adjusted for inflation.

Effective Rate

The actual interest rate an investor earns or pays on an investment or loan, taking into account the effects of compounding.

Compounding Interval

The frequency at which interest is added to the principal amount of an investment or loan, influencing the total amount of interest earned or paid.

Compounded Semi-Annually

The calculation of interest on a principal sum twice a year, effectively increasing the amount on which future semi-annual interest payments are calculated.