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prisoha [69]
3 years ago
15

Over the years, the Red Cross has been guided in its use of donations by honoring donor intent. This policy helped the organizat

ion deal with a major ethical challenge after the terrorist attacks of September 11, 2001. The Red Cross received more than $1 billion in donations and initially diverted some money to ancillary operations, such as creating a strategic blood reserve. After donors objected, however, the organization reversed its decision and – honoring donor intent – used the contributions to directly benefit people affected by the tragedy. Should the American Red Cross have reversed its initial decision to divert some of the money donated for September 11 relief efforts to pressing but ancillary operations? Support your chosen position.
Business
2 answers:
bezimeni [28]3 years ago
7 0

Answer:

Red Cross took the right decision by reversing the original decision of diverting the donations. If it had diverted the donations donor will loose trust in the organisation and will not come forward to help. When it maintains a policy of honoring donor intent people will trust it to stand by it and they donated for the victims of the terrorist attack and the donations must be spent on it only. Then the trust of the donors will not fall and if the organisation wants donations for other ancillary operation sit can genuinely ask for donations and there are many people who would be willing to help. This gives both trust and respect and also the cause is served. Hence the decision to reverse the original one is correct and a good move.

ValentinkaMS [17]3 years ago
4 0

Answer:

Yes

Explanation:

The Red Cross society is an organization that have collected money from their donors. Ethically, it is a right thing to honour the intent of donors. Donors make donations with an opinion that the money is utilized for the specific purpose and carries lot of emotions behind the donation. So, for any reason, if the purpose is changed, it may not be accepted by the donors. Of course, it may be more worthwhile to divert the money for other reasons or purposes like creating a strategic blood reserve (for ancillary operation) and the decision may help many people in future. But the society primary responsibility is to make use of the donors' money as per the intensions of the donors only. the society may use the money for other purposes after convincing the donors. So, the Red Cross initially have faced the opposition from the donors and reversed its decision and after that, it has taken a decision that is accepted by the donors, its completely a justifiable one.  

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Is Informative listening a type of casual listening
Vlada [557]

Answer:

Yes.

Explanation:

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4 0
3 years ago
You are given the following information concerning Parrothead Enterprises:
Alenkinab [10]

Answer:

7.85%

Explanation:

Face value of bond =$2000

Price of current bond= face value× 106.5% = $2130

Term= 25 years×2= 50 period

Coupon rate= 7%×1/2= 3.5%

Coupon amount= coupon rate×face value = $2000×3.5/100

         =$70 for a period

YTM of bond= [coupon amount+ (maturity value-current price)/Term]/0.6×current price+0.4×maturity value]

YTM of bond= 6.487% per annum

Total market value of bond= 8,400bonds× $2130= $17,892,000

Market value of common stock= 275,000shares × 62.50= $18012500

Weight of common stock= 0.490009385

Weight of preferred stock= 0.023259294

WACC= Wd* Kd + Wc*Kc + Wp*Kp

= 0.486731321× 4.86525% +

0.490009385× 10.9624275+

0.023259294× 4.7368421%

=7.849%

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Thus, WACC is 7.85%

3 0
3 years ago
The ACogs-153 company has provided the following data for the month of May: Inventories: Beginning Ending Work in process $ 24,0
meriva

Answer:

$209,000

Explanation:

   Schedule of Cost of goods manufactured

Particulars                                                Amount

Direct materials                                        $64,000

Direct labor cost                                       $94,000

Manuf. overhead cost applied to WIP     <u>$68,000</u>

Total manufacturing costs                        $226,000

Add: WIP Inventory, Beginning                $24,000

Less: WIP Inventory, Ending                     <u>$19,000</u>

Cost of goods manufactured                   $231,000

Add: Beginning Finished goods              $53,000

Less: Ending Finished goods                   <u>$57,000</u>

Unadjusted cost of goods sold                $207,000

Add: Underapplied manuf. overhead      <u>$2,000    </u> ($70,000-$68,000)

Adjusted cost of goods sold                   <u>$209,000</u>

4 0
3 years ago
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