Research one capital project. Based on the classification in the assigned readings, specify the type of project (for example, contingent project, equipment replacement, etc.). Provide a 2 page summary of this project and how it relates to the corporate strategy.

These are the topics that were discussed :

• Identify the importance of capital budgeting and its role in the firm, society, and in your career and personal life.
• Recognize and discuss the sources of competitive advantage.
• Describe the steps involved in the capital investment process.
• Analyze the conditions necessary for a perfectly competitive resource market.
• Identify the differences between competitive advantages and comparative advantages.
• Examine the role that financing plays in developing and implementing solid planning and budgeting strategies.