Questions to consider when analyzing this case:

Describe Target$$s business model and compare it with Wal$-$Mart$$s and Costco$$s$?$

Explain what the dashboards tell you as a manager. Isn$$t the NPV enough information for you to make a go$/$no$-$go decision?

Describe and critique Target$$s capital$-$budgeting system. Give specific consideration to the role of the real$-$estate managers and the makeup of the CEC.

Which of the five CPRs should Doug Scovanner accept? Explain how each of the considerations that follow influenced your decision:

NPV and IRRSize of the projectCannibalization of other stores$$ salesStore sensitivitiesCustomer demographicsBrand$-$awareness impact

Why does Target use different hurdle rates for the store and the credit cards $(9\%$ and $4\%,$ respectively$)?$ What process would you use to estimate these discount rates to see if they are reasonable?

As a member of the CEC, would you continue to approve CPRs if it meant that Target would need to fund the requests with external funds, either debt or equity?