ISBN-13: 9781460965559 / Angielski / Miękka / 2011 / 272 str.
ISBN-13: 9781460965559 / Angielski / Miękka / 2011 / 272 str.
Section 1: An organization's capital budgeting approach may make or break a corporation since it involves the process of finding the optimum mix of investments through the allocation of its resources among various projects. Failing to evaluate investments could cause the value of a firm to fall or for the firm itself to become unable to pursue valuable opportunities. Thus, the need for capital budgeting, An understanding on how to select and evaluate investments requires a consideration of the elements of behavioral corporate finance, wherein the role of management and management objectives are highlighted as crucial factors that affect the capital budgeting process for any organization. Section 11: In-depth understanding of the two major types of merger (Horizontal and Vertical) is critical in leveraging the synergy from the fusion to realize a corporation's strategic intent and to increase shareholders value. This section explores the two theories of merger and addressed some concerns and aspects of each merger strategy. Section 111: The general systems theory and cybernetics theory recognize the multiple, dynamic interactions within a system as affected by other systems and the environment. A theoretical framework on convergence and reorientations indicate that downsizing may involve either incremental or radical change, and that it must ideally be implemented pursuant to five applications stages. This section explores these stages with application and recommendations.