Question: capital budgeting as a tool to determine whether a long-term asset should be purchased. The process you follow could be used in other applications, such
capital budgeting as a tool to determine whether a long-term asset should be purchased. The process you follow could be used in other applications, such as the following:
- Mergers and acquisitions of companies,
- Decisions to expand or downsize a business,
- Decision to change jobs,
- Decision to take online courses, or
- Pricing a product.
- Decision to invest in digital assets
explain specifically how the capital budgeting tool could be modified to be used in one of these applicationsor in a completely different application you identify.
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