The Relationship Between LongTerm Strategy and Capital Budgeting Academic Article uri icon

abstract

  • Decisions on capital investments at both the progam level and the specific asset level should be made in the context of the objectives of an organization as a whole. The addition of a new product line or the acquisition of a machine should not be decided simply on the basis of a direct cost/benefit analysis that is related to the program or the asset alone. Instead, the investment decision should be considered on the basis of the longterm plans of the organization.

published proceedings

  • Journal of Business Strategy

author list (cited authors)

  • Grossman, S. D., & Lindhe, R.

citation count

  • 0

complete list of authors

  • Grossman, Steven D||Lindhe, Richard

publication date

  • January 1984