Question
The following is an ethical issue: Send Me Money, a charitable organization, has a agreement with First California State Bank. The agreement allows Send Me
The following is an ethical issue: Send Me Money, a charitable organization, has a agreement with First California State Bank. The agreement allows Send Me Money to overdraw its cash balance at the bank when donations are running low. In the past, Send Me Money managed funds wisely and rarely used this privilege. Bill Greedy has recently become the president of Send Me Money. To expand operations, Greedy acquired office equipment and spent large amounts on fundraising. During Greedy's presidency, Send Me Money has maintained a negative bank balance of approximately $10,000.
Answer the following questions: minimum 100 words
Question one: What is the ethical issue in this situation, if any?
Question two: State why you approve or disapprove of Greedy's management of Send Me Money's fund.
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