What is a capital investment decision and how does it differ from a tactical decision? Give an example of each


A capital investment decision is one that places large amounts of resources at risk for long periods of time. It affects the future development of the firm and is one of the largest decisions that managers make. Decisions to build a new factory, or expand into another country, or upgrade the technical capacity of the company are examples of capital investment decisions. A tactical decision, on the other hand, is one that is shorter term in nature. It doesn't put the future of the firm at risk. Examples of tactical decision include: make-or-buy, special order, and keep-or-drop a line.

Business

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Hearing, understanding, remembering, interpreting, evaluating, and responding. Which communication competency holds these six components?

A. effective listening B. trust building C. self-disclosure D. confirmation

Business

Affirmative action proponents believe affirmative action programs are necessary until what conditions are met?

a. Until a more balanced representation between advantage and disadvantage groups exist. b. Until the desired diversity goals are achieved c. Until perpetuity d. Until people are not judged by their differences

Business

Francie drives into Gage's Auto Service and asks Hong, a Gage's employee, to replace a tire onFrancie's car. After Hong replaces the tire, but before Francie pays for it, any contract between Francie and Gage's is

a. executed. b. executory. c. void. d. unenforceable.

Business

The ____ stage of the transaction processing cycle is when transaction-related data such as item number, quantity, and payment method are captured.

A. data collection B. data editing C. data correction D. data output

Business