Develop the objectives for Boston Properties based on the following Information:  Boston Properties (BP) is owned by 50 employees of Humber Properties. The employees range in age from 52 to 55.The employees have targeted the age of 57 to 60 to retire.  BP provides a modest pension of $20,000. The employees require a retirement income of $70,000. BP must be able to provide $50,000 in retirement income.  Currently BP has cash flows it could pay to the investors in the amount of $40,000 per year.  The employees of BP make $95,000 in income, and expenses are $60,000.  CSB earn 2%, and the stock market earned 10% last year. Outline the objectives for BP. The non-profit that you manage has a new chair. The chair has very little experience working with Board of Directors/Stakeholders. Outline a protocol of meeting and key events for the new President of the Board of Directors/Stakeholders for the Private non-profit.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter9: Decision Making Under Uncertainty
Section: Chapter Questions
Problem 30P
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Develop the objectives for Boston Properties based on the following Information:  Boston Properties (BP) is owned by 50 employees of Humber Properties. The employees range in age from 52 to 55.The employees have targeted the age of 57 to 60 to retire.  BP provides a modest pension of $20,000. The employees require a retirement income of $70,000. BP must be able to provide $50,000 in retirement income.  Currently BP has cash flows it could pay to the investors in the amount of $40,000 per year.  The employees of BP make $95,000 in income, and expenses are $60,000.  CSB earn 2%, and the stock market earned 10% last year. Outline the objectives for BP. The non-profit that you manage has a new chair. The chair has very little experience working with Board of Directors/Stakeholders. Outline a protocol of meeting and key events for the new President of the Board of Directors/Stakeholders for the Private non-profit.

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