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Considering the 2014 article by Batra and Verma assigned in this unit, An Empirical Insight Into Different Stages of Capital Budgeting,discuss:Describe the capital budgeting process.

Assignment details attached. Req reading attached.

Assignment details:

Considering the 2014 article by Batra and Verma assigned in this unit, “An Empirical Insight Into Different Stages of Capital Budgeting,” discuss the following:

.Describe the capital budgeting process.

• Explain how the capital budgeting process is used in organizations.

• Describe the types of projects that are subject to capital budgeting.

• Explain why the capital budgeting process is important for the allocation of resources.