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In Addition to Justifying How Capital Dollars Are Spent, Capital

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In addition to justifying how capital dollars are spent, capital budgeting provides a basis for choosing among alternative capital projects.


Definitions:

Physiological

Pertaining to the branch of biology that deals with the normal functions of living organisms and their parts.

Self-Actualization

The realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.

Reshoring

The practice of bringing back manufacturing and services to a company's original country from overseas to create jobs, reduce supply chain risks, and improve quality control.

Technical Support

Assistance provided by companies to users of technology products or services in solving specific problems or errors.

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