Chillingsworth Has a Neighbor, Shivers, Who Faces the Same Options

question 5

Multiple Choice

Chillingsworth has a neighbor, Shivers, who faces the same options for insulating his house as Chillingsworth.But Shivers has a larger house.Shivers's annual fuel bill for home heating is 700 dollars per year.Plan A will reduce his annual fuel bill by 15%, plan B will reduce it by 20%, and plan C will eliminate his need for heating fuel altogether.The plan A insulation job would cost Shivers 700 dollars, plan B would cost him 1,200 dollars, and plan C would cost him 7,700 dollars.If the interest rate is 10% and his house and the insulation job last forever, which plan is the best for Shivers?

• A)Plan A.
• B)Plan B.
• C)Plans A and B are equally good.
• D)Plan C.
• E)He is best off using none of the plans.

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Definitions:

Ethics

A set of moral principles that govern the behavior of individuals and organizations, often guiding decisions and actions.

Unethical Decision

Choices made that contradict established moral principles, potentially causing harm or disadvantage to others.

Organizational Structure

The arrangement of duties, processes, reporting hierarchies, and communication pathways that connect different sections of an organization.

Unethical Behavior

Actions that are dishonest, immoral, or does not adhere to accepted social and professional standards.