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Capital budgeting is one of the main analysis that is done by companies to introduce a new product into the market. For example, Porsche was

Capital budgeting is one of the main analysis that is done by companies to introduce a new product into the market. For example, Porsche was one of the last manufacturers to enter the sports utility vehicle market. Why one would company decide to proceed with a product when other companies, at least initially, decide not to enter the market?

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