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What Are the Factors Complicating the Process of Capital Budgeting

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What are the factors complicating the process of capital budgeting for an international business?


Definitions:

Scarcity

The basic economic issue arises from the infinite human desires facing a scarcity of resources in the world.

Limited Resources

The finite availability of resources such as time, money, and materials, which necessitates choices about their allocation.

Scarcity

A fundamental economic problem of having seemingly unlimited human wants in a world of limited resources.

Resources Are Limited

A principle stating that the availability of physical, natural, and human resources is finite, necessitating choices and trade-offs.

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