✦ LIBER ✦
Capital investment decisions: Moving beyond traditional financial models
✍ Scribed by Russell R. Boedeker; Susan B. Hughes; Kathy A. Paulson Gjerde
- Publisher
- John Wiley and Sons
- Year
- 2011
- Tongue
- English
- Weight
- 98 KB
- Volume
- 22
- Category
- Article
- ISSN
- 1044-8136
No coin nor oath required. For personal study only.
✦ Synopsis
Abstract
Companies can supplement their traditional capital budgeting techniques with a strategic analysis that helps align both short‐ and long‐term goals. In fact, a strategic analysis of this kind may be the only technique applicable for decisions in which cash inflows are difficult to estimate. Because a strictly financial analysis may lead to different decisions than a strategic analysis, managers need to develop appropriate review criteria that can take into account both strategic and financial analyses, when appropriate. © 2011 Wiley Periodicals, Inc.