The Concept of Professional Accountability in Nursing
Behavioral finance is the study of finance that seeks to understand the relationship that lies between psychology and money. It is normally observed that people in an economy, seek to make as many profits and wealth as possible. However, market participants may make some decisions that are influenced by their emotions and not what might seem reasonable and the most likely decision that any person would make. Sometimes such decisions have a better outcome than making rational decisions (Cerchiello & Nicola, 2018). Behavioral finance serves to help a financial analyst get a deep understanding of the needs of their clients in an organization. It also sheds light on what a client is looking forward to investing in future, which makes the financing decision makers decide on the areas that
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The concept of professional accountability in nursing aims at proving nurses with an expert sense while undergoing the nursing practice. The proper realization of effective approaches contributing to improved job performance, accurate assessment, diagnoses, and treatment in the nursing practice aims at promoting its professional accountability (Krautscheid, 2014). One way that a nurse can demonstrate professional liability in the clinical expertise involves appropriate clarity associated with the essential responsibility of the nurse. Effective allocation of roles and responsibilities to the specific nurses in a healthcare institution assists in effective work performance that does not include any miscommunications. Clarity represents another initial concept regarding professional accountability. Nurses can benefit by using transparency in the practice when dealing with…
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