CAPITAL BUDGETING: EMERGING ISSUES AND TRENDS
George M. Zinkhan
(Department of Marketing and Distribution, University of Georgia and Lundy‐Fetterman School of Business, Campbell University)
F. Christian Zinkhan
(Department of Marketing and Distribution, University of Georgia and Lundy‐Fetterman School of Business, Campbell University)
619
Abstract
Since organizations have limited resources, it is not possible to invest in every opportunity which is recognized or imagined. Once a set of promising projects has been identified and investigated, it is necessary to reject some projects but invest in others. In this respect, the process of capital budgeting serves to shape the future of organizations, and a variety of capital budgeting methods have been proposed to assist managers who are engaged in this important planning task.
Citation
Zinkhan, G.M. and Christian Zinkhan, F. (1994), "CAPITAL BUDGETING: EMERGING ISSUES AND TRENDS", Managerial Finance, Vol. 20 No. 7, pp. 2-9. https://doi.org/10.1108/eb018478
Publisher
:MCB UP Ltd
Copyright © 1994, MCB UP Limited