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A Short Formal Report Looking Into Setting Up A Chemical Plant Terms of Reference I have been told to write a short formal report explaining to the managing director of a chemical manufacturing company, the social costs, social benefits, private costs and private benefits of setting up a chemical plant on the outskirts of a small market town, and whether or not the company should set up there. The report is to be handed in to Ian Spencer on the 28th of January 2003. Procedure I am going to write the report comparing the social and private costs and benefits, using business theory, and I'm going to apply these ideas to the stakeholders. Findings 1. A well-known chemical manufacturing company is considering applying for planning permission to construct a new chemical plant on the outskirts of a small market town. New housing estates have recently been built in the suburbs and the area is popular...

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