Divergent versus convergent
Rules-based versus principles-based
Consolidated versus integrated
Vertical-based versus horizontal-based
Qualifications of advisor
Financial solvency of firm
Choice of investments available
Low management fees
Values tend to be short term in nature
Values are fixed and invariable
Values enter into almost every decision a person makes
Values are facts, not beliefs
With a short term vs. long term value conflict, immediate needs or desires run counter to future goals or prospects. The sales contest may cause you to recommend products or trades that, while great for your status in the contest, may cause long-term damage to your client relationships and, eventually, your long-term-well-being as an advisor
Justice vs. Mercy
Individual vs. Group
Short term vs. Long term
Truth vs. Loyalty
Recommending trades that do not suit a client's investment policy is wrong. Michael could get into some serious trouble if his motivations and the truth behind them are discovered. Therefore, the value conflict faced by Michael is right vs. wrong conflict
Right vs right
Legal vs illegal
Right vs. wrong
Ends-based vs means-based
While a code of ethics should be reviewed more frequently than every 10 years and testing employees may not work at a practical level, giving middle and senior management the chance to opt out of training sessions is the least effective alternative.
Have the code of ethics reviewed once every 10 years
Require all employees to pass a test on their knowledge of the code of ethics
Have senior management endorse the code of ethics
Have optional ethical training sessions for middle and senior management
A conflict of interest arises when the personal or financial interests of the advisor conflict with the client's. In this situation, you are favouring the fund whose wholesaler provides free golf for your pleasure. And you are ignoring the fact that the Patriot Fund may be a better option for the client than the Maple Leaf Fund.
You seem to have placed your own interests above the client
The client is likely to lose money by investing in the Patriot Fund
The client's performance for the Patriot Fund is not being followed
You seem to be placing too much reliance on the funds' recent performance
Truth vs Loyalty is a value conflict that occurs when values of honesty clash with values of commitment or personal responsibility. In this situation, Ryan must either charge his grandmother a fee that is consistent with his firm's regular practice, or adhere to his sense of loyalty to his family, which may prompt him to waive the fee.
Legal vs. Immoral
While Asin may claim that she is not doing anything really wrong (because she puts money back into Constance's account within 4 weeks of withdrawing it), she is unlikely to pass the mom test - would she be comfortable revealing to her own mother what she's doing? The answer is NO
Legal vs. Immoral Test
The Mom Test
In this case, since George has provided investment advise to Penny and she relied on that advice. A fiduciary relationship may exist where there is a special relationship of confidence and trust.
Putting client's interest first
The advisor has knowledge that the client does not possess.
The advisor places the interests of the client before the advisor's interest.
The advisor charges fees that are equal to or lower than the industry average
The advisor belongs to an industry that is well-regulated
Specific power of attorney
General power of attorney
Values are beliefs that are based upon facts.
Values guide individual but not corporate behaviour
Values are long lasting but are still subject to change.
Values go to the very depth of "who someone is" and therefore do not change.
i, ii, iii
i, ii, iii, iv
Law of agency
너는 정확하게 대답했다.
당신이 잘못 대답했습니다.
너는 시간이 없어.
점수 또는 평점을 저장하려면 로그인하거나 등록해야합니다.
텍스트에 적합한 오디오 언어를 설정하십시오.
단어를 강조 표시하여 학습을 향상시킵니다.
로그인 할 필요없이 퀴즈, 코스 및 플래시 카드를 재생할 수 있습니다. 그러나 점수를 저장하고 퀴즈, 코스 및 플래시 카드를 만들려면 로그인해야합니다. 오디오를 재생하려면 전문 계정에 로그인해야합니다.
학습을 한 차원 높여보십시오. 프로페셔널 계정으로 업그레이드하면 질문을 큰소리로 듣고 다른 많은 혜택을 누릴 수 있습니다.
귀하가 작성한 질문이나 답변에 대한 오디오가 생성됩니다.
많은 사람들이 그들이 배운 것을 듣고 더 잘 배웁니다. 외국어 학습을 위해 우리는 18 개 이상의 언어를 지원했습니다.
지원 언어로는 덴마크어, 네덜란드어, 영어, 프랑스어, 독일어, 아이슬란드 어, 이탈리아어, 일본어, 한국어, 노르웨이어, 폴란드어, 포르투갈어, 루마니아어, 러시아어, 스페인어, 스웨덴어, 터키어, 웨일스 어 등이 있습니다.
또한 단어를 소리내어 읽음으로써 자동 단어 단위 강조 기능을 지원합니다.
Apple App Store에서 볼 Topgrade 응용 프로그램을 선택하십시오.
Google Play에서 볼 수있는 Topgrade 앱을 선택합니다.