Expand mobile version menu
  Skip to main content

Real-Life Activities

Real-Life Decision Making -- Solution

You finish the report on time with the estimates you have.

You decide to get the report out on time. One delay already has cost you extra money. "I really feel we made a commitment to have this ready on time. I think it may damage our reputation if we delay too much," you say to Bob.

Your partner Bob is concerned about getting future contracts, too. "It took a lot of hard work for us to get this job," he says. "We don't have a lot of money for advertising. We would have to start almost at the bottom of the list if we don't come through on this."

You go to the city council meeting to present your findings. "Thank goodness you came today," the chairman says. "We have only two days left to apply for federal grants and we need the figures to back up our applications."

As the meeting progresses, you discover the budget committee needs only general figures so they can make their applications for funding. "We'll be able to amend our data over the next six weeks," says Bob. "It takes that long for the applications to make it through all the red tape."

The mayor and city council are happy to get the ball rolling.


Contact

  • Email Support

  • 1-800-GO-TO-XAP (1-800-468-6927)
    From outside the U.S., please call +1 (424) 750-3900

Support


Powered by XAP

OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.