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You have been hired as an external consultant to advise the management of a company on its investment projects. They will like your advice on
You have been hired as an external consultant to advise the management of a company on its investment projects. They will like your advice on which projects to take up; when to upgrade an existing equipment; and how to choose between equipment/processes of different quality (lifespan) or technology. They have a limited budget for these investments. In your briefing note provide evaluate the vearious ivenstment decision criteria & guidance on capital budgeting. What will be the impact of COVID and related economic uncertainty on the decision relating to long term investments? In these times of uncertainity which of these criteria in your opinion is best suited to take long term business decisions? Explain
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