By Using the Financial Planner's Advice, Penny and Ira Were

question 94

Multiple Choice

By using the financial planner's advice, Penny and Ira were able to find ways to cut back on their spending and began to live more modestly. They began to have a few hundred dollars left over each month after handling their normal expenses. Which of the following is the first thing they should do with their extra money?

• A) buy one nice household item that they will both enjoy as a reward for their thriftiness
• B) pay off their debts, starting with the ones that have the highest finance costs
• C) start a savings account at a local bank
• D) buy bonds in a major corporation

Understand the escalation and resolution pathways of conflicts.

Comprehend principles of procedural and distributive justice and their impact on conflict.

Grasp the dynamics of conflict in competitive and cooperative interactions.

Understand the methods and strategies for conflict resolution, including communication.

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Definitions:

Whistle-blowing

The act of exposing any kind of information or activity that is deemed illegal, unethical, or not correct within an organization.

Unethical Behaviour

Actions that violate moral or professional principles, often harming others or compromising ethical standards.

High Need for Power

Refers to individuals who have a strong desire to influence, control, or command over others.

Ethical

Pertaining to or dealing with morals, the principles of morality pertaining to right and wrong conduct.