A Company Is Deciding Where to Assign Its Summer Intern

question 31

Essay

A company is deciding where to assign its summer intern.The manager estimates that the intern can save $10,000 in the supply chain or increase sales (revenue)by $25,000.If sales (revenue)is divided into the three categories shown in the table where should the manager assign the intern to maximize profits?

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Definitions:

Owners

Individuals or entities that legally possess property, businesses, or assets.

Sole Proprietorship

An organizational model in which a sole proprietor is in charge of the entire business, including its assets and debts.

Shares

Units of ownership interest in a corporation or financial asset that provide a proportionate claim on the company's earnings and assets.

Corporation

A legal entity that is separate from its owners, providing them with limited liability, and able to own assets, borrow money, and be sued.