Business, 28.01.2020 17:45 jetblackcap

You are the project manager of a campaign rally that your non-profit holds each year to promote the adoption ot greyhounds. you will require the use of a large tent for the week of the rally. you must determine if you should lease or buy a tent, and, if leasing, for how long. scenario 1 - the cost of the tent is $1,580. scenario 2 you can lease the tent for seven days, with a set-up and return charge of $700 and daily fee of $125. scenario 3 - you can lease the tent for 10 days, with a set-up fee of $375 and a daily fee of $125; however, you will have to hire individuals to take down the tent and return it for a charge of $195. if you choose this option, the daily fee is discounted by 20%. answer the following questions 1. what is the economical choice and why? show this in your calculations as well 2. what do you recommend to the sponsor of your project and why? 3. thinking strategically, what reasons might management use to opt for the less economical choice?

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