To learn about occupation from a person who works in it you may conduct an INFORMATION INTERVIEW.
Information interview is used to make informed decisions about career or work options. It allows one to get accurate, up-to date information that are available about the career or work of one's interest. Information interview involves talking to people you know who works in the area you are interested in.
Answer:
See below.
Explanation:
We first calculate total costs for the purchase and lease.
Purchase = $3,120 + 600 + (400 * 4) = $5320
Lease cost for 4 years = $1,360 * 4 = $5,440
Differential analysis indicates a $120 more payment when the equipment is leased.
Although this puts the total cost over the 4 years of lease higher than the purchase, it must be noted that lease is annual and a lump sum is not needed where as although the purchase gives you an asset, the savings on tying up the cash in purchase may be able to be used else where more profitably thus a lease seems more viable specially when present value of money would be taken in to account.
Hope that helps.
Answer:
the expectation that business will strive to improve the overall welfare of society
Explanation:
The concept of social responsibility as used in management science is that businesses should maximize their profits subject to their working in a socially responsible manner to promote the interests of the society . According to the concept of social responsibility the objective of managers for taking business decisions is not merely to maximize profits or shareholders’ value but also to serve and protect the interests of other members of a society such as workers, consumers and the community as a whole. Adopting key social responsibility principles, such as accountability and transparency, can help ensure the long-term viability and success of any organization or system . A firm can achieve sustainability by paying careful attention to their impact on society and the environment. Behaving in a transparent, ethical manner ensures an approach that helps protect the long-term success of society and the environment.