Read the below and answer the questions that follow:
The cost benefit analysis is the first step in seeking initial approval from senior management for an HRIS project. One must
understand why the analysis is being conducted and accepting the expectations of what is going to be done once the result
are in and how this will influence the judgements made by both cost benefit analysis (CBA) and the entire HRIS project team
during the analysis and increase the value of the results produced.
The CBA is the comparison between project costs and benefits associated with an HRIS investment, which is presented as
the comparison of cost and benefit or presented as a cost benefit ratio. The core of the CBA is the analysis of change in the
cost benefit ratio.
Cost, is the outlay of cash required for the initial purchase, implementation or ongoing maintenance of the investment.
Benefit, is any financial gain resulting from the investment that occur at any time during the investments useful life.
 
QUESTION 1
(25
Marks)
1.1 Provide the guidelines to be followed when conducting a cost benefit analysis. (14)
1.2 The justification of HRIS investment strategies fall into two categories. Describe these two categories and
provide examples.
(5)
1.3 Explain the three basic pieces of information that the CBA is based on. (3)
1.4 What are the common misconceptions of CBA? (3)
 
QUESTION 2 (5 Marks)
Implementation costs are divided into two types of cost. Name and describe these costs.

5. Which of the following is a benefit associated with succession planning? a) Force senior management to regularly review the company's leadership talent b) Assures that top-level management talent is available c) Helps attract and retain top employees by providing development opportunities d) Only b) and c) e) a), b) and c) are correct

You are an employee of University Consultants, Limited, and have been given the following assignment. You are to present an investment analysis of a small retail income-producing property for sale to a potential investor. The asking price for the property is $1,420,000; rents are estimated at $181,760 during the first year and are expected to grow at 2.5 percent per year thereafter. Vacancies and collection losses are expected to be 10 percent of rents. Operating expenses will be 35 percent of effective gross income. A fully amortizing 70 percent loan can be obtained at 6 percent interest for 30 years (total annual payments will be monthly payments × 12). The property is expected to appreciate in value at 2 percent per year and is expected to be owned for five years and then sold.

Required:

a. What is the first-year debt coverage ratio?

b. What is the terminal capitalization rate?

c. What is the investor’s expected before-tax internal rate of return on equity invested (BTIRR)?

d. What is the NPV using a 14 percent discount rate?

e. What is the profitability index using a 14 percent discount rate?

I need to fully describe the role of each of these components for "SPECIAL BLOOD PRESSURE MACHINE PRODUCT THAT IS A WIRELESS, REMOTE MONITORING DEVICE THAT CONNECTS TO A SMARTPHONE APP WITH ACCURATE MEASUREMENTS". And by referring to the above table:

1. Cover slide: The cover slide should include the product name, your company's logo, and any other relevant information.

2. Elevator statement: Provide a brief summary of the product, including its unique selling proposition, target audience, and benefits.

3. The clinical need: Describe the clinical need for the product and how it solves an existing problem.

4.The solution: Provide a detailed explanation of the product, including its features, benefits, and how it works.

5. The market: Describe the target market for the product and the potential size of the market.

6. Intellectual property (IP): Discuss any patents, trademarks, or copyrights related to the product.

7. R&D: Describe the research and development process for the product, including any challenges faced and how they were overcome.

8. Regulatory strategy: Outline the regulatory requirements for the product and how you plan to comply with them.

9. Clinical studies: Describe any clinical studies conducted on the product and their results.

10. Reimbursement: Explain how the product will be reimbursed and any relevant insurance coverage.

11. Business model: Describe the business model for the product, including pricing, distribution, and revenue streams.

12. Marketing and sales: Explain the marketing and sales strategy for the product, including how you plan to reach your target audience.

13. Financial information: Provide financial projections for the product, including revenue, expenses, and profit margins.

14. Exit scenarios: Discuss potential exit scenarios for the product, such as acquisition or IPO.

15. The ask: Outline any funding needs for the product and how the funds will be used.

16. Management team: Introduce the management team and their relevant experience.

17. Closing slide: Include a closing slide that summarizes the key points of the report.

18. Appendix: Include any additional information that supports the report, such as technical specifications, drawings, or references.