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Purchasing assets can be a major business decision and long-term assessment of the viability of these assets needs to occur. For each of the factors

  1. Purchasing assets can be a major business decision and long-term assessment of the viability of these assets needs to occur. For each of the factors to consider in the below table, write down why these factors need to be considered in relation to assessment of long-term viability.
Factors to consider Why is there a need to consider these factors?
  1. Ability to meet business objectives
  1. Cost of maintenance over a period of time
  1. Customer and staff feedback
  1. Input from specialists where required
  1. Operational efficiency
  1. Safety

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