Question: We are working on an assignment for Business Case Development course. The topic is to find the problems in the HR Department faced by Lululemon
We are working on an assignment for Business Case Development course. The topic is to find the problems in the HR Department faced by Lululemon Company and we have completed the problem identification, deliverables, alternatives as well as its associated variables which has been completed as shared in document attached. Now I help with : 1) Conducting a cost-benefit analysis including NPV, payback, and IRR calculations. 2) Conduct a multiple objective analysis using the cost-benefit output along with your non-financial variables identified in the last phase.
All details needed for calculations of NPV(Net Present Value) , Payback and IRR (Internal Rate of Return) are provided below. Rest financial data is not shared and can be assumed approximate according to the given subject.
The below data is shared by Coursehero tutor for previous question. Please help with NPV(Net Present Value) and IRR (Internal Rate of Return)calculations alongwith payback period:
1. Assuming that the alternatives are implemented over a period of 1 year, the table below shows the costs and benefits associated with each alternative:
| Alternative | Costs | Benefits |
| Modifying the hiring process | $1000 | $5000 |
| Recognizing and rewarding employees | $2000 | $6000 |
| Providing flexible work time | $3000 | $7000 |
1) The estimated cost of modifying the hiring process by conducting a certain psychometric test to analyse various factors like personality, loyalty, etc. would be $500 per month.

Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
