At Fast-Track Financial Services,it Is Not Unusual for a Financial

question 184

True/False

At Fast-Track Financial Services,it is not unusual for a financial consultant to lose a client to another consultant working out of the same office.Clients have a right to do business with whomever they choose.If it is a high net worth client,with the potential for high commissions on sales,the incentive to steal a fellow co-worker's client exists because the firm's culture has not established integrity based ethics to deter this activity.
Integrity-based ethics refers to the organization's guiding values.These ethics create an environment of ethically sound behavior.By law,the client may do business and/or solicit the services of any consultant at the company,and overzealous consultants who want to increase their commissions may be tempted to convince others' clients that they have better ideas for making money.

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Definitions:

Fire-Protection Services

Public or private services dedicated to preventing, controlling, and extinguishing fires to protect life and property.

Firefighter's Helmet

A firefighter's helmet is designed to protect firefighters from heat, falling objects, and other hazards while combating fires.

Excludable

A characteristic of a good or service that means it can be restricted to paying customers only.

Rival In Consumption

A characteristic of a good whereby one person's consumption reduces its availability for another person.