Capital Budgeting Process Paper
Considering the 2014 article by Batra and Verma assigned in this unit, “An Empirical Insight Into Different Stages of Capital Budgeting,” discuss the following:
- Describe the capital budgeting process.
- Explain how the capital budgeting process is used in organizations.
- Describe the types of projects that are subject to capital budgeting.
- Explain why the capital budgeting process is important for the allocation of resources.