The Manager at Clean Oceans Unlimited, in Virginia, Conducted a Recent

question 4

Essay

The manager at Clean Oceans Unlimited, in Virginia, conducted a recent meeting with the operations manager to discuss the results of a recent waste audit conducted by the city officials and to develop a new sustainability strategy. The manager announced that the engineer has developed a system that filters the storm-water runoff into the canals that flow into the Chesapeake Bay. The cost of the new system is $5,500,000. The new system is expected to eliminate bacteria in run-off water and it is expected to reduce the level of water pollution that flows into the Chesapeake Bay. The new system is expected to generate taxes payable to the company of up to $2,500,000 in storm-water fees each year. The pump is expected to have a life of 20 years.
Compute the payback period, in years. With respect to the business, should the manager at Clean Oceans Unlimited implement this new sustainability strategy? Include a discussion about the three factors that relate to sustainability (environmental, economic, and social factors).

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Definitions:

Nature

The phenomena of the physical world collectively, including plants, animals, the landscape, and other features and products of the earth, as opposed to humans or human creations.

Small-for-Gestational-Age

A term used to describe newborns who are significantly smaller or have a lower birth weight than the typical for their gestational age.

Preterm

Referring to a baby born before completing the standard 37 weeks of gestation.

Teratogen

An agent or factor which can cause malformation of an embryo or fetus.