Capital Expenditures

Capital Expenditures Order Description Capital expenditures in" rel="nofollow">include any in" rel="nofollow">investments a company makes to replace, improve, or acquire assets to help improve efficiency and profitability. Typically these are physical expenses such as machin" rel="nofollow">inery or buildin" rel="nofollow">ings. The same analysis capital budget analysis can be applied to HRM and marketin" rel="nofollow">ing. In your HR metrics class you�ll spend more time conductin" rel="nofollow">ing in" rel="nofollow">in-depth analysis of HR functions usin" rel="nofollow">ing these valuation tools. For now, we�ll be focusin" rel="nofollow">ing on in" rel="nofollow">investments which might in" rel="nofollow">involve purchasin" rel="nofollow">ing new or better equipment, developin" rel="nofollow">ing a new product, or in" rel="nofollow">increasin" rel="nofollow">ing production. Sin" rel="nofollow">ince capital expenditures are oftentimes very expensive, it is important that they are prioritized and budgeted appropriately. Often departments within" rel="nofollow">in organizations compete for limited resources. As an HR manager, you will be better prepared by utilizin" rel="nofollow">ing these valuation techniques as you aim to secure limited resources towards for HR in" rel="nofollow">initiatives. You should have been assigned a particular component or policy concernin" rel="nofollow">ing capital expenditure policy. Usin" rel="nofollow">ing the word �Competition�, you will write the followin" rel="nofollow">ing for the item assigned: � Present this concept in" rel="nofollow">in your own words in" rel="nofollow">in such a way that someone without a fin" rel="nofollow">inancial background could understand your explanation. � Describe how this concept would be used in" rel="nofollow">in analyzin" rel="nofollow">ing capital expenditures. Provide at least two examples of its use to you as an HR Manager. � How would this concept be used in" rel="nofollow">in a long-term strategy? What would be the concerns of failin" rel="nofollow">ing to use this concept when considerin" rel="nofollow">ing capital expenditures? What are some of the concerns you see in" rel="nofollow">in applyin" rel="nofollow">ing these techniques to analyzin" rel="nofollow">ing in" rel="nofollow">investments within" rel="nofollow">in the HR function?