Question: I need answer for this question: Capital Budgeting This chapter goes over the Capital Budgeting process. Capital Budgeting will help firms identify profitable projects so
I need answer for this question:
Capital Budgeting This chapter goes over the Capital Budgeting process. Capital Budgeting will help firms identify profitable projects so it can earn a return. Why? If a firm wants to stay viable, it will need to invest and innovate to stay ahead of its competition which is also investing and innovating. The question then becomes, what is the most cost effective and profitable way to invest the firm's scarce resources? Capital Budgeting attempts to answer this conundrum. -Please provide an example from a real company that used capital budgeting for a particular product proposal. -What were the results of that project? -Can you think of any companies who didn't properly invest/innovate and are now defunct or on the way to closing? -How can you use capital budgeting in your own lives?
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