We decided to take the point of view of Mr. Ric de Ramos in solving this case because he will be the person in hand of the task of evaluating the viability of the investment. Also he is the investment analyst of the Sunrise Bank, meaning he has enough knowledge to interpret all the financial figures presented to him and determine if the investment is acceptable or not base on the presented data. The decision of Mr. Sintad is base on the outcome of his study regarding the commercial viability of the invention of Mr. Mario Manda.
II. Major Problem
III. Case Facts
Mr. Ric de Ramos, the investment analyst of the Sunrise Bank, is tasked by the president of the bank, Mr. Edgar Sintad, to evaluate the commercial viability of investing in the invention of his close friend, Mr. Mario Manda. Mr. Sintad presented Mr. De Ramos the possible cost and expenses of the project and also its income statement that will be helpful for Mr. Sintad in the evaluation of the project. The decision of the president on whether to invest in the invention or not is base on the outcome/result of the evaluation that will be done by Mr. Ric de Ramos.
IV. Alternative Course of Action