finance discussion 6 2- Savvy Essay Writers | savvyessaywriters.net
finance discussion 6 2- Savvy Essay Writers | savvyessaywriters.net
During week 6 we develop the theory and application of capital budget analysis. The theory was robust, the calculations mathematically and logically defined, and many of the real-world problems, likely to be encountered, were addressed. As capital budgeting essentially re-invents the company through major long-term expenditures it is arguably one of the most critical functions that financial management performs. However, based on my personal experiences, extensive empirical data, and antidotal data – many firms routinely experience significant failures in their selection of capital projects.
The assignment for this topic consists if two parts:
1) For your first topic in this discussion I would like for you to briefly review either your personal experiences and/or the financial literature to identify and present a description of one actual capital project/product failure and the reasons attributed to the failure.
Remember this is a one to two paragraph exercise – do not go overboard – a few hours research and summation is all that’s required. I am interested only in your short, concise description of the project and the major reasons you believe it failed.
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