The effective evaluation and management of projects and investments are critically important to a firm, and the benefits of any investment should be greater than the cost of the investment.
In your paper, compare and contrast two of the primary tools of cost-benefit analysis: Net Present Value (NPV), Internal Rate of Return (IRR), and Payback Period (PB).
Discuss the relevance of cost-benefit analysis as a tool for capital budgeting decision making.
Why is capital budgeting decision making an important process in operations management?
Your well-written paper should meet the following requirements:
Be 2-3 pages in length, not including the cover and reference pages.
Cite a minimum of 3-5 sources to support your responses, two of which are academic, peer-reviewed sources.
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