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Define the basic concept of responsibility accountability and liability as applied to ethical decisions How are these concept related?
Wiki User
∙ 9y ago
Responsibility is the first key element of ethical action. Responsibility means that an individual, group, or organization accepts the potential costs, duties, and obligations for decisions made. Accountability is a feature of systems and social institutions. It means that mechanisms are in place to determine who took responsible action; i.e., who is responsible for the action. Liability is a feature of political systems in which a body of law is in place that permits individuals to recover the damages done to them by others. They are all required in an organization to facilitate coordination and increase productivity.
Wiki User
∙ 9y ago
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What role does an entrepreneur play in society?
An entrepreneur has to be a person who has possession of a new enterprise, venture or idea, and assumes significant accountability for the inherent risks and the outcome. Entrepreneur in English, is a term applied to the type of personality who is willing to take upon himself a new venture or enterprise and accepts full responsibility for the outcome.
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Which one of the following is not one of 4 risk management principles?
Risk management must be integrated into operational missions Risk decisions must be made at the lowest level of responsibility Risk is an unavoidable and acceptable result of Army operations Risk management must be applied cyclically and continuously
What are the advantages of critical reading?
Bye keeping your mind in the story and keeping it clean
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THe "XCU" Exclusion is a euphemistic term for an exclusion that once applied to Standard General Liability policies that exlcuded the perisl of Ecplosion, Collapse and Underground Coverage. In the late 80's to early 90's, most standardized General Liability policies no longe excluded this coverage.
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How is statistics applied in management?
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What is applied general agency?
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Can you get a tax return if you owe tax from a previous year?
I believe the question you were trying to ask is can you get a tax "refund" if you owe tax from a previous year. The answer to that question is NO. Your tax refund will always be applied to any current tax liability. If your tax liability is less than the expected refund you will receive only a check for the difference.
