Capital allocation within a firm
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R. M. Cyert; M. H. Degroot; C. A. Holt
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Article
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1979
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John Wiley and Sons
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English
⚖ 827 KB
This paper is concerned with decision making involving the allocation of resources for capital expenditures by a firm, which is a living system al: the organization level. Our analysis is based on personal observations and will focus on the decision process used in large, multidivisional firms. This