Friday
October 24, 2014

Homework Help: Business-3rd time posting

Posted by Anonymous on Saturday, February 12, 2011 at 1:06pm.

I posted this 2 times already, and this is my third time posting.

For each of examples identify financial decision you have made or might have to make in the future. In the last column, tell what effect this decision may have on ur personal resources. (Personal resources include things such as money, time and health.)



TRANSPORTATION:
Financial decision - buy fuel, tire changes, oil changes

Effect on Personal Resources -
Health - Cause pollution
Time - Takes you shorter time to reach to your destination then having to walk there.
Money - Insurance for car
tolls
General revenue

FOOD:
Financial Decision - Groceries
Use of Credit Cards,
Restaurant

Effect on Personal Resources -
Health - provide you with nutrition
-Large supply of vitamins
Money - Taxes to cover
Time - Spent shopping

ENTERTAINMENT/RECREATION
Financial Decision - Paying for ticket
Renting movies
Services to handle

Effect on Personal Resources -
Health - short term pleasure
Late night entertainment result in loss of sleep
Money - Cost to the ticket and popcorn
Time - Wasted

EDUCATION
Financial Decision - Go to school
University
Internet(Online courses)
Books
Library
Electronic devices such as electronic dictionary,
calculator, etc.

Effect on Personal Resources -
Money -Pay fees for school supplies, etc.
Cost for degree programs
health-Stress
Tiredness
Feel very weary
Degrees
Time - Most of spent with friends, not family

PERSONAL GROOMING
Financial Decision -
Parlour
Nail manicure
Hairstyle-Barber
Products = Facial cleansers, cream, etc.

Effect on Personal Resources -
Health - Makes you feel good about yourself (Feel like you belong)
Money - There's a cost to it, pretty expensive
Time - Don't have enough time to spare to do other things.

SHELTER
Financial Decision -
Real Estate
Furniture
Clean facility

Effect on Personal Resources -
Money - Bills
Taxes
Insurances
Mortgages
Renovation
Health -No poverty
-Good care
Time - Most of it spended inside, not outdoors. Most of it spent on cleaning furniture, etc, doing house chores.

Anything else I could add in each of the columns?

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