Ethical and positive social change implications

Assignment Help Other Subject

Reference no: EM133950520

Financial Management: Ethical and Positive Social Change Implications

As generative AI models become more adaptable and accessible to organizations of all sizes, their uses in many managerial functions will increase. Since the models provide the ability to assist financial managers engaging in ethical behavior, AI seems to be a natural fit. AI can streamline decision making through data-driven simulations and scenario analysis, automate mundane tasks to free up time for strategic thinking, and bolster risk management and fraud detection to uphold ethical standards. Additionally, AI's capacity for processing vast amounts of data swiftly can provide real-time insights. Get expert-level assignment help in any subject.

However, the reliance on AI also raises questions about ensuring these systems are used responsibly and ethically, given their current limitations in empathy and moral judgment. How can organizations effectively integrate AI to support financial managers while ensuring ethical integrity and promoting positive social change through socially responsible projects? In this Discussion, you will consider the subjects of the past 2 weeks, financial management within a global, publicly traded organization and the role of ethics and social responsibility.

Discussion:

Review this week's Learning Resources.
Conduct additional research using the Walden Library on generative AI, being sure to focus on the risks and benefits of its use.

Consider the role of generative AI in assisting financial managers to engage in ethical behavior, positive social change, and the funding of socially responsible projects.

Post a synthesis of how generative AI can be used in financial management to ensure ethical integrity while also promoting positive social change through socially responsible projects. In your synthesis, be sure to include the following:

Summarize how generative AI might be used in managerial finance to support financially ethical policies and practices. Be sure to include at least two examples to support your position.

Reference no: EM133950520

Questions Cloud

What words can be used to describe pulse strength : How is pulse strength assessed? What words can be used to describe pulse strength? How is a grading scale of pulse strength used for assessing?

How would you build a crisis communication strategy : How would you build a crisis communication strategy for Chevy in the Chevy Ignition Switch crisis - What would be your strategic recommendations for scaling up

Draft an internal communication that you believe : Draft an internal communication that you believe will effectively address the issues of the above scenario - the contractor may use child labor, pay low wages

What is the tragedy of the commons : What is the "tragedy of the commons" and what is one example? What might be some potential solutions or avenues to address the tragedy that you identify?

Ethical and positive social change implications : Post a synthesis of how generative AI can be used in financial management to ensure ethical integrity while also promoting positive social change

Discuss how the identified self-care deficits align : Discuss how the identified self-care deficits align with Orem's theoretical concepts of self-care agency, self-care requisites and therapeutic self-care demand.

What is amount of the optimal subsidy per hybrid vehicle : The marginal environmental benefit of hybrid vehicles equals 5*Q. What is the amount of the optimal subsidy per hybrid vehicle?

Explain the importance of self-care for nursing professional : Explain the importance of self-care for nursing professionals and its impact on patient care and/or staff. Reflect on your current self-care practices.

Describe how the solution will create a learning environment : Describe how the solution will create a learning environment, and knowledge transfer; to include how you will implement and monitor training

User Account

All Pages