Answer:
The use of the term "ethical" sometimes is a bit too lax when applied to evaluate situations. However, sometimes, it can also be too harsh. In response to your two questions, these would be the answers:
1. The ethical question here would be whether Greedy was right in overusing a benefit that the charitable organization had with the First California Bank. As President of the organization, it is in the hands of Greedy to ensure not just development, but also sustainable development of the organization. However, in the course of his attempts to improve the growth and efficacy of Send Me Money, he abused the benefit of the overdraft, and not to just any extent, but to the negative balance of 10.000 dollars. Although his intentions were in favor of the organization, and he used the money wisely, there still lies the question of if he could not have accomplished just as much, without abusing a benefit that could very well mean the end of the organization. So the ethical issue is that although the intention of Greedy was in the benefit of the organization, he did not take the best interest of it into account, because if he had, he would have tried to accomplish his goals without bringing the debt so high.
2. I disapprove of the way that Bill Greedy acted because he could have accomplished much more realistic goals and not placed the organization at risk by raising the debt to a bank to such high levels. Even if he increased fundraising efforts, it is evident that these were not successful, as the debt is so high.
Answer:
Keir will have the most money to spend on a new boat at the end of the five years; $1,440
Explanation:
Three friends decide that they each want to be able to buy a new boat in five years. Vanore puts $1,000 in a savings account with a simple interest rate of 4.5%. Keir invests $1,200 in a standard savers account with a simple interest rate of 4%. Omar invests $950 in a junior achievers account with a 6% annual compound interest rate. Who will have the most money to spend on a new boat at the end of the five years?
Vanore puts $1,000 in a savings account with a simple interest rate of 4.5%.
Vanore:
I = p * r * t
= 1000 * 0.045 * 5
= $225
I = $225
After 5 years, Vanore will have $1000 + $225
= $1225
Keir invests $1,200 in a standard savers account with a simple interest rate of 4%
Keir:
I = p * r * t
= 1200 * 0.04 * 5
= 240
I = $240
After 5 years, Keir will have $1200 + $240
= $1,440
Omar invests $950 in a junior achievers account with a 6% annual compound interest rate.
Omar:
A = P (1 + r)^t
= 950(1 +0.06)^5
= 950(1.06)^5
= 950(1.3382)
= 1271.1
A = $1,271.1
After 5 years, Omar will have $1,271.1
Keir will have the most money to spend on a new boat at the end of the five years; $1,440
Answer:
culturally biased
Explanation:
culturally biased refers to an assumption that a certain phenomenon from our culture can be equally observed on the same level by other culture.
Let's take a look at this question:
<em>National Collegiate Athletic Association (NCAA) basketball championship start?"</em>
There are two problems with this question:
- To answer this, you need to be familiar with basketball culture.
- Even if you are familiar with basketball culture, someone from outside united states is most likely wouldn't be familiar with the term that is used by Americans.
Because of these reasons, using that question to measure intelligence indicates that Dr. Ambrosia might be having a cultural bias since dr Ambrose assume that everyone from other culture would just understand the term from Dr. ambrose's culture.
Answer:
C
Explanation:
Both the magnitude (or severity) and the probability (or likelihood) of harm.