What Is a Privileged Communication and What Is the Rationale

question 3

Essay

What is a privileged communication and what is the rationale for the existence of confidential relationships?

Understand strategies for improving workplace morale.

Identify the attributes of stretchable, flexible appraisal systems in organizational settings.

Recognize the nature and impacts of procrastination on individuals and work environments.

Understand the definitions and significance of morale and task maturity in a workplace.

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Definitions:

Index Funds

Mutual funds or ETFs designed to replicate the performance of a specific market index, such as the S&P 500, by holding the same stocks in the same proportions.

Front-end Load

A charge or fee paid by an investor at the time of purchasing shares of a mutual fund or an investment, typically used to cover sales commissions.

Expense Ratio

The annual fee that all mutual funds and ETFs charge their shareholders, expressed as a percentage of the fund's average net assets.

NAV

Net Asset Value, the per-share value of a mutual fund or ETF, calculated by dividing the total value of all the securities in the portfolio, minus liabilities, by the number of shares outstanding.