Compare capital budgeting practices as outlined in this chapter with those used on a day-to-day basis?

Question:

Compare practices as outlined in this chapter with those used on a day-to-day basis?
Capital Budgeting
Capital budgeting is a practice or method of analyzing investment decisions in capital expenditure, which is incurred at a point of time but benefits are yielded in future usually after one year or more, and incurred to obtain or improve the...