BY Akash Saxena
e will answer the following questions
hat is the process of capital budgeting thatcompanies employ?
hat capital budgeting policies and practices do theyfollow?
Is there any link between the corporate strategy andcapital budgeting?
hat are the strategic aspects of capital budgeting?
Can the discounted cash flow technique handle thestrategic aspects of capital investments?
How can we evaluate investment projects that arecapable of creating future opportunities and flexibility(options) for companies?