A Major Bakery- Cafe Chain Is Evaluating Whether They Should

question 1

Essay

A major bakery- cafe chain is evaluating whether they should consolidate its two offices into one location when the two leases expire. In addition, the company also needs to decide if they want to purchase or lease the new location. The estimated costs for these three alternatives are as follows: $$\begin{array} { l | l | c | c } \hline \text { Alternative } & \begin{array} { c } \text { Continue Leasing } \\\text { Separate } \\\text { Offices }\end{array} & \begin{array} { c } \text { Lease } \\\text { Combined } \\\text { Office }\end{array} & \begin{array} { c } \text { Purchase } \\\text { Combined } \\\text { Office }\end{array} \\\hline \text { Initial costs } &- &- & \$ 270,000 \\\hline \text { Annual lease } & \$ 53,550 & \$ 63,000 & - \\\hline \text { Annual maintenance costs } &- &- & \$ 6000 \\\hline \text { Lease period } & 4 & 12 & - \\\hline \begin{array} { l } \text { Market value at the end of } \\\text { year } 12\end{array} &- &- & \$ 216,000 \\\hline\end{array}$$ Which alternative should be selected based on the annual worth method? Use a MARR of 11% and a study period of 12 year(s).

Discuss HR programs to manage surpluses and shortages.

Understand the governmental response to unemployment and economic hardship during the early 20th century.

Identify and explain the role of various organizations and acts in combating the economic crisis of the 1930s.

Recognize the socio-economic challenges and responses specific to different groups during the depression era.

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Definitions:

Lives of People

Pertains to the experiences, events, and circumstances that constitute human existence and societal interactions.

Principles of Social Work

The foundational guidelines that govern the practice of social work, emphasizing respect for the dignity and worth of the individual, social justice, and professional integrity.

Social Conditions

The circumstances and factors affecting the way people live and interact in society, including socioeconomic status, education, and cultural norms.

Settlement House Movement

A social reform movement that began in the late 19th century, aimed at improving the lives of the poor through community-based services and education.