In this module, we are studying capital budgeting as a tool to determine whether or not a long-term asset should be purchased. The process we follow could be used in other applications, such as the following:
Mergers and acquisitions of companies
Decisions to expand or downsize a business
Decision to change jobs
Decision to take online courses
Pricing a product
In this week’s discussion board, explain specifically how the capital budgeting tool could be modified to be used in one of these applications—or in a completely different application you identify.