Often these meetings are followed by a company-sponsored luncheon or dinner. At the outset of the projects, it is important that one member of the management team and one member of the student team be appointed contact persons. These individuals commit to being available for communication between the management and student teams. Project expenses vary considerably, depending on the nature and scope of the inquiry. Other projects may involve major surveys or field experiments that may require more substantial expenses.
Students are responsible for a complete financial accounting of expense monies.
Organizations should be prepared to make advanced deposits of expense monies to defray initial project expenses. Projects often involve access to confidential company information. Participating organizations should be prepared to make such information available to students. Such information will be treated with total confidentiality, and the information will be used only in connection with the sponsored project. Adherence to ethical standards is paramount.