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As a requirement to obtain their college certificate, the students of Jackson University were required to submit a research report on a topic of their choice.
Sandy decides to conduct a research on the students who are part of the soccer team. Ben–who is planning to pursue a major degree in psychology–chooses to study just an individual and present the report on his attributes, traits and abilities. James chooses to conduct a research on the students who avail the cafeteria facilities. He would then like to present a report to the management on how they could improve their services.

-Write a note on human and nonhuman research.


Definitions:

Capital Spending

Expenditures by a company for the acquisition or improvement of long-term assets such as property, plants, and equipment in order to expand its operations or efficiency.

Sunk Cost

Costs that have already been incurred and cannot be recovered, and thus should not influence current/future business decisions.

Capital Budgeting

The process a business undertakes to evaluate potential major projects or investments, focusing on analyzing future cash flows and profitability.

Discount Rate

The yield rate utilized within DCF analysis for determining today's value of future cash movements.

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