12. Your boss has asked you to prepare slides which describe how the firm picks the capital budgetin
12. Your boss has asked you to prepare slides which describe how the firm picks the capital budgeting projects. This explanation is for an audience comprising of Unit Heads from different areas. How would you describe the capital budgeting process and techniques for your firm? Additionally, your boss wants you to address how to account for the project selection of the new product units are assigned a higher riskiness than others.