q1: What is the difference between step-wise cost and curvilinear cost? Elaborate the methods to measure the cost behavior?
q2: A) The proposed business comes under which industry type? Write a brief discussion about the length of operating cycle and capital investment cycle for the proposed business? Use illustrations from the case scenario to support your answer.
q3: C) Do you feel that the firm will be effectively managing its operating and capital investment cycle? Which among these are favourable and unfavourable for the firm? Justify.
