You Are Asked by a Wealthy Businesswoman to Help Construct

question 22

Essay

You are asked by a wealthy businesswoman to help construct a permanent endowment for a local university. She asks you whether you believe the university should be required to add investment gains to the principal of the endowment or whether it would be preferable for the gains to be available for spending. How would you respond and why?

Recognize the role of spirituality and social connections in overall wellness.

Understand the concept of warranties and rights in insurance contracts.

Grasp the principle of risk transfer in insurance and the role of premiums.

Comprehend the variability of property insurance premiums with deductibles.

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Definitions:

Cautious Approach

A strategy or method characterized by careful consideration and avoidance of risk or error.

Organizational Change

The process through which a company or organization undergoes a significant transformation, which can impact structures, processes, or culture.

Coch and French

Researchers known for their work on organizational change and employee involvement in decision-making processes.

Stakeholders

Individuals or groups with an interest in the success and outcomes of an organization, project, or endeavor, because they are impacted by or can impact the achievement of the organization's objectives.