Investment decision

Investment decision is also called capital budgeting; a basic function of finance; the allocation and reallocation of capital and resources to projects, products, assets, and divisions of an organization.

Definition

According to the Strategic Management by David and David (15th edition),

Investment decision. Also called capital budgeting; a basic function of finance; the allocation and reallocation of capital and resources to projects, products, assets, and divisions of an organization.