Capital Budgeting

This week we focus on capital budgeting with coverage including evaluation tools for choosing projects. For your initial posting, do the following:

1. TED Talks provide presentations on a variety of topics, some of which deal with new innovations and ideas. Go to the Ted Talks website to watch some of the videos that deal with new ideas/innovations and choose a presentation that is no more than three years old for further discussion. You must include a link to the video presentation.
2. In full sentences, complete the following requirements:
   1. Describe the innovation or idea in a capital budgeting framework.
   2. Identify potential revenues and costs of the innovation or idea. These can be very general in nature.
   3. Discuss any qualitative or quantitative factors that need to be considered in the capital budgeting analysis for this innovation or idea.
   4. Describe any external costs or benefits outside of the original innovation or idea.
   5. Wrap up your discussion by describing one key point that you learned or which surprised you from this assignment.

For your responses, focus on the following questions:

1. Comment on the identified potential costs and revenues or the external costs or benefits. Do they seem reasonable? Do you have additional potential costs or revenues or external costs or benefits to suggest?
2. Compare to your capital budgeting analysis, highlighting differences and similarities between the two analyses.
3. Support your responses to classmates with additional research and/or examples of your understanding of budgeting in businesses.

Be sure to post at least one APA current edition formatted reference in support of your explanations and conclusions.