COMM 308 Chapter Notes - Fall 2017 Chapter 13 - Net present value, Foreign direct investment, Opportunity cost
21 Sep 2018
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Comm 308 - introduction to corporate finance - lecture notes. Chapter 13: capital budgeting, risk consideration and other special issues. 13. 1 describe the capital budgeting process and explain its importance to corporate strategy. 13. 2 identify and apply the main tools used to evaluate investments. 13. 3 analyze independent projects and explain how they di er from interdependent projects. 13. 4 explain what capital rationing is and how it a ects rms" investment criteria. 13. 5 explain the importance of international foreign direct investment both inside and outside canada. 13. 6 understand how the modi ed internal rate of return (mirr) is calculated and why this represents a conceptual improvement over the way the irr is calculated. They can strive for: cost leadership (i. e. , be the lowest-cost producer, product di erentiation (i. e. , have products considered unique, once attained, a competitive advantage is di cult to sustain and requires on-going planning and investment.
