The Mafuta Company Ltd (MCL) is a company that has been in existence for quite a long time. It started as a small oil and allied products merchandising firm operating in Dar es Salaam but in the past decade, it has seen its operations expand beyond Tanzania's borders. Given the current social-economic changes in Tanzania, the company's Board of Directors has decided that forthwith it should reinvent itself in all its operational undertakings if it is to maintain its current competitive advantage. Assume that as part of this exercise you have been assigned the task of leading the Financial Management Reform Team (FMRT) of the company. As part of its reforms the firm intends to set up a structured program of investment analysis and you have been asked to compile a report which will guide management in this endeavour. During your initial team meeting it was decided that this report will detail the investment process and will not be confined to appraisal techniques only. Required: Briefly but explicitly present the report that you would write to Management in this regard