The process we follow could be used in other applications, such as the following:

Mergers and acquisitions of companies,

Decisions to expand or downsize a business,

Decision to change jobs,

Decision to take online courses, or Pricing a product.

Eexplain specifically how the capital budgeting tool could be modified to be used in one of these applicationsor in a completely different application you identify. Feel free to use an example you have experienced in your career.