I need a discussion post on the below

How do we traditionally define capital budgeting in finance?

What is the purpose of capital budgeting in a business firm, and how is it used?

Navistar Trucking has adopted a new approach to capital budgeting. What is the fundamental way in which the new approach differs from the traditional approach?

What is the goal of the new approach of capital budgeting?

Under what circumstances would a business firm drop a project chosen through the new capital budgeting approach?