A Firm Has Been Making Relatively Large Profits Lately and Has

question 102

Essay

A firm has been making relatively large profits lately and has an extra $20,000 to invest. The firm is choosing among three investment options: improving the training of store employees, buying new computer equipment, or saving the $20,000 in a bank account and using it at a later date. How should the firm decide which option to choose? Which option is least risky? Most risky?

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Definitions:

Cosmetics

Substances or products applied to the body, particularly the face, to enhance or alter appearance, often for beauty or grooming purposes.

Make-up Artist

A professional skilled in applying cosmetics and styling hair to enhance or alter an individual's appearance.

Opinion Leaders

Individuals who have significant influence on the opinions, attitudes, and behaviors of others within their community or social network.

Socially Active

Describes individuals or entities that are highly engaged in social activities or social networks.