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.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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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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