Problem
Assuming that the Zambian economy is growing at 3% and inflation is 9% per annum, carry out a study for a 20% expansion of the firm of your choice over a period 2023 to 2030.
1. Give a general economic and social political context.
2. Project the demand for the output of the firm in that period.
3. Give the physical human and financial resources requirements.
4. Apply an appropriate discount rate and discounted cost and returns in the period indicate the possible sources of risks and the minimum rate of return required to mitigate the risks.
5. What will be the institutional setup during the expansion?