Your buddy in mechanical engineering has invented a money machine. The main drawback of the machine is that it is slow. It takes one year to manufacture $100. However, once built the machine wi1l last forever and will require no maintenance. The machine can be built immediately, but it will cost $1000 to build. Your buddy wants to know if he should invest the money to construct it. a. If the interest rate is 9.5% per year, what should your buddy do? b. How would your answer change if the machine takes one year to build?

An important source of public scrutiny is "watchdogs." these are: the efforts of a firm's competitors, including how often the competitors attack the firm's strategies. taxpayer-supported government agencies that limit a firm's ability to compete in foreign markets. companies designated by the government to only produce products that support the government defense program. socially conscious groups that make it their mission to measure the social responsibility levels of businesses, and provide consumers with their opinions about the level of corporate responsibility of various companies.