Management Planning of Capital Allocations to Business Activities

PLANNING AND CONTROLLING the use of corporate capital is the basic top management function. Indeed, management is hired fundamentally to safe guard and use effectively the corporate capital placed at its disposal by the stockholders Consequently, it is an inherent managerial responsibility to thorou...

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Bibliographic Details
Published inNAA bulletin Vol. 43; no. 1; p. 5
Main Author James, John V
Format Journal Article
LanguageEnglish
Published New York Institute of Management Accountants 01.09.1961
Subjects
Capital expenditures
Costs
Market positioning
Planning
Product lines
Stockholders
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Summary:PLANNING AND CONTROLLING the use of corporate capital is the basic top management function. Indeed, management is hired fundamentally to safe guard and use effectively the corporate capital placed at its disposal by the stockholders Consequently, it is an inherent managerial responsibility to thoroughly examine each new investment proposal from two standpoints.