capital budgeting as a tool to determine whether a long-term asset should be purchased. The process you follow could be used in other applications, such as the following:

1. Mergers and acquisitions of companies,
2. Decisions to expand or downsize a business,
3. Decision to change jobs,
4. Decision to take online courses, or
5. Pricing a product.
6. Decision to invest in digital assets

explain specifically how the capital budgeting tool could be modified to be used in one of these applicationsor in a completely different application you identify.