Real Options: Managerial Flexibility And Strategy In Resource Allocation

Real Options: Managerial Flexibility And Strategy In Resource Allocation

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Comprehensive In Scope, Real Options Reviews Current Techniques Of Capital Budgeting And Details An Approach (Based On The Pricing Of Options) That Provides A Means Of Quantifying The Elusive Elements Of Managerial Flexibility In The Face Of Unexpected Changes In The Market.In The 1970S And The 1980S, Developments In The Valuation Of Capitalinvestment Opportunities Based On Options Pricing Revolutionized Capital Budgeting. Managerial Flexibility To Adapt And Revise Future Decisions In Order To Capitalize On Favorable Future Opportunities Or To Limit Losses Has Proven Vital To Longterm Corporate Success In An Uncertain And Changing Marketplace. In This Book Lenos Trigeorgis, Who Has Helped Shape The Field Of Real Options, Brings Together A Wealth Of Previously Scattered Knowledge And Research On The New Flexibility In Corporate Resource Allocation And In The Evaluation Of Investment Alternatives Brought About By The Shift From Static Cashflow Approaches To The More Dynamic Paradigm Of Real Optionsan Approach That Incorporates Decisions On Whether To Defer, Expand, Contract, Abandon, Switch Use, Or Otherwise Alter A Capital Investment. Comprehensive In Scope, Real Options Reviews Current Techniques Of Capital Budgeting And Details An Approach (Based On The Pricing Of Options) That Provides A Means Of Quantifying The Elusive Elements Of Managerial Flexibility In The Face Of Unexpected Changes In The Market. Also Discussed Are The Strategic Value Of New Technology, Project Interdependence, And Competitive Interaction. The Ability To Value Real Options Has So Dramatically Altered The Way In Which Corporate Resources Are Allocated That Future Textbooks On Capital Budgeting Will Bear Little Resemblance To Those Of Even The Recent Past. Real Options Is A Pioneer In This Area, Coupling A Coherent Picture Of How Option Theory Is Used With Practical Insights In Into Realworld Applications.

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Shipping & Returns

Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.

Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.

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We provide a 2-year limited warranty, from the date of purchase for all our products.

If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.

This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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