The Main Purpose of Capital Budgeting Is to Help Managers

question 65

Multiple Choice

The main purpose of capital budgeting is to help managers make decisions about

• A) long-term investments.
• B) short-term investments.
• C) discounts to offer to customers.
• D) nonfinancial constraints on expansion.

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Definitions:

Bill Gates

Co-founder of Microsoft Corporation, an influential technology magnate, philanthropist, and one of the world's wealthiest individuals.

Customer Relationship Management

A strategic approach that manages a company's interactions with current and prospective customers, typically involving the use of technology to organize, automate, and synchronize sales, marketing, customer service, and technical support.

Lasting Relationships

Connections or associations between individuals or entities that are durable and persist over a long period.

Add Value

The process of enhancing a product or service before offering it to customers, making it more appealing or useful.