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With , Funds Given by Donors Specify That the Principal

question 34

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With , funds given by donors specify that the principal be retained and be invested in perpetuity, and the board has limited or no flexibility in using these funds.


Definitions:

Arrangement

The act or process of organizing or ordering items, substances, or elements according to a specific pattern or sequence.

Functional Fixedness

A cognitive bias that limits a person’s ability to use an object only in the way it is traditionally used.

Mental Set

A psychological tendency to approach situations in a certain way due to past experiences or habits, which can limit problem-solving abilities.

Unnecessary Constraints

Limitations or restrictions that are not required and can hinder creativity, progress, or the achievement of goals.

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