Engineering Economic Analysis
Posted: December 20th, 2011 | Author: CHON Magazine | Filed under: Economy, Entrepreneurship, Experience | 3 Comments »I have recently finished a project related to economic analysis on an engineering project. It’s done together with Foo Piew and Wong Ning. Among the key takeaways from the project for me are as follows:
- Depreciation reduces tax incomes. One day, when I started earning money, I would first find a way to reduce my income tax than any other things.
- Software marketing is the hot thing now. It has one of the highest returns of investment. Things that I can relate:
- McKinsey, one of the leading consulting companies, has 21 software products. Having said that, McKinsey would be a very profitable company even without their consulting services.
Other related Softwares news, you might relate Deccan Herald.
What are the shortcomings of engineering economic analysis?
What difficulties and uncertainties are there?
The most knowledgeable, forensic, well-researched customer is the size 16 or above woman.
Having a study on this field is quite tough. It is good that you had finished your project into this field. I could sense that you can be a good businessman someday also.