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  • 标题:EVALUATING STRATEGIC INVESTMENTS - REAL OPTIONS ROLE IN NEW MANUFACTURING TECHNOLOGY PROJECTS
  • 本地全文:下载
  • 作者:PATRfCIA PEREIRA DA SILVA
  • 期刊名称:European Journal of Management Studies
  • 出版年度:1998
  • 卷号:4
  • 期号:3
  • 页码:197-203
  • 语种:English
  • 出版社:International Medical Journal Management and Indexing System
  • 摘要:One of the primary responsibilities of ma­ nagement is the allocation of available re­ sources in organisations. Unfortunately, there are never enough available resources to perform all the tasks and projects desired. There­ fore, management has to decide which projects will be pursued. To evaluate competing projects, the majority of organisations use some form of quantitative analysis technique. Among the common tech­ niques used are net present value, internal rate of return and payback period. A frequent charge in recent years has been that many firms fall behind in global markets because they are too slow in implementing the new manu­ facturing technologies such as AMT (advanced manufacturing technology), CIM (computer inte­ grated manufacturing), FMS (flexible manufactur­ ing systems), or CAD (computer added design). A popular argument is that conventional methods of capital investment analysis do not capture the full impact of the technology change decisions (Slagmulder et al., 1995, p. 122).
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