PROFESSIONAL

PROJECT
Topic

■ Topic- “Impact of capital expenditure on sales

revenue in Woolworth”
■ Field of research- Marketing management
■ Secondary data- annual reports (
https://www.woolworthsgroup.com.au/page/investors/our-p
erformance/reports/Reports/Annual_Reports
) and peer reviewed journal articles
■ Research question- the main research question is:
– “What is the impact of capital expenditure on sales
revenue in Woolworth?
■ Search terms- capital, expenditure, capital expenditure,
sales, sales revenue, Woolworth, capital investment in
Woolworth.
■ Peer reviewed scholarly articles:
– Appuhami, B. (2008). The Impact of Firms' Capital Expenditure
on Working Capital Management: An Empirical Study across
Industries in Thailand. International Management Review, 4(1).
– Liao, L. K., Lin, Y. M., & Lin, T. W. (2016). Non-financial
performance in product market and capital expenditure.
Journal of Business Research, 69(6), 2151-2159.
– Chung, K. H., Wright, P., & Charoenwong, C. (1998).
Investment opportunities and market reaction to capital
expenditure decisions. Journal of Banking & Finance, 22(1), 41-
60.
■ The above articles have provide the impact of capital expenditure
on a company and the way it impacts the financial performance of
the company specifically the sales revenue.