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WME Chapter 2 questions with 100% complete solutions A+ graded passed!, Exams of Nursing

WME Chapter 2 questions with 100% complete solutions A+ graded passed!

Typology: Exams

2024/2025

Available from 06/25/2025

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WME Chapter 2
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WME Chapter 2

questions with 100%

complete solutions A+

graded passed!

WME Chapter 2 Flashcards 2 / Ethical Dilemma When two or more possible choices pit different values against each other *Truth vs Loyalty

  • Individual vs Group
  • Short term vs Long term *Justice vs Mercy Ethical Decision Making Process
  • Determine whether the decision represents a moral issue that requires further analysis
  • Identify who is required to make the ethical decision
  • Individual must accept responsibility and consequences for making the decision
  • Gather all relevant facts and test for right vs wrong Right vs Wrong Test * Legal test (Does it break any laws)
  • Smell Test (Intuitively involves wrongdoing although we don't know where the wrong is)
  • Front Page Test (Firms rep if decision appeared on front page of newspaper)
  • Mom Test (would you reveal the decision to Mom or would you be ashamed) Resolution Principles for Ethical Dilemmas (Right vs Right)
  • Ends based ethical thinking (greatest good to the greatest number)
  • Rule based ethical thinking (creates a suitable precedent)
  • Social contract based (Harmony in the group)
  • Personalistic based (true to your heart) Needed for a code ethics
  • Must have support from senior management *All employees must participate in the development and reinforcement of the code of ethics *Training and reinforcement must be included *The code of ethics should be reviewed periodically IIROC Rules for Registrants
  • Use proper care and exercise independent judgment
  • Conduct themselves with trustworthiness, integrity honest etc.

WME Chapter 2 Flashcards 3 /

  • Encourage others to act in a professional manner
  • Comply with the securities act
  • Maintain client confidentiality What must be present for a Trust based relationship *Advisor possess specialized knowledge the client does not have *Advisor belong to an industry that is well regulated *Advisor places the interest of the client above their own