STUDY QUESTIONS CASE STRYKER CORPORATION: CAPITAL BUDGETING 1. What are the missions of CERs and the capital budgeting process at Stryker? To what extent have they been shaped by elements of corporate finance theory? To what extent are they shaped by Stryker's particular industry, history, and culture? 2. What are the primary strengths and weaknesses of the current system? How should the performance of such a system be evaluated? 3. Given Stryker's strategy and its long-run goals, what modifications to the current system - analytical, organizational, and/or procedural - would you recommend? Develop some specific proposals and be prepared to explain how they address specific problems