1. Would you be willing to pay more for products made by socially responsible companies? Why or why not? How much more? Use an example of a company.
2. Three years ago, your company purchased a 10,000 cubic foot centrifugal blower for $135,000, when the cost index was 584. Now your company wants to purchase a 12,500 cubic foot centrifugal blower. The cost index now is 617. If the power-sizing exponent is 0.59, estimate how much your company will spend on the new centrifugal blower.
3. How can a person use Porters 5 Forces Strategy in their personal and academic life?