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Author Question: What strategy do you suggest a utility construction company adopt for the acquisition of a new piece ... (Read 46 times)

Mr.Thesaxman

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on: Jul 26, 2018
What strategy do you suggest a utility construction company adopt for the acquisition of a new piece of equipment?
 
  What will be an ideal response?

Question 2

What is meant by the term  managerial maturity, and how does it relate to risk of business failure?
 
  What will be an ideal response?


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lcapri7

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Reply #1 on: Jul 26, 2018
Answer to Question 1

The suggested strategy is to purchase the equipment either on a lease-to-own basis or to secure an equipment loan to make the purchase. The objective is for the equipment to earn more for the company each year than it costs to make loan or lease payments.

Answer to Question 2

Managerial maturity means possessing adequate management capability, both systems and staff, to adequately manage the anticipated annual volume of work for a construction firm.


Mr.Thesaxman

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Reply 2 on: Jul 26, 2018
Wow, this really help

momolu

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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