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Imagine Harvard University is considering adding a campus in Italy. Identify all relevant costs Harvard University...

Imagine Harvard University is considering adding a campus in Italy. Identify all relevant costs Harvard University should consider. You do not need to identify dollar amounts, just the costs/type of cost. Also, what would a memo have in it to a Board of Trustees proposing to analyze such a decision. Include how you might go about obtaining the relevant cost information.

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Answer #1

In order to start a campus, the following costs would be incurred,

  1. Cost of land,
  2. Cost for getting all the permissions of the regulator,
  3. Cost of recruitment of staff,
  4. Cost of construction of campus,
  5. Cost of designing and all.

These are the inclusive examples of costs that may be incurred for the starting of a campus.

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