Practical Issues with Decision Preparation of Facility Investments in the National Manufacturing Industry
Author(s) -
Klára Szűcsné Markovics
Publication year - 2017
Publication title -
theory methodology practice
Language(s) - English
Resource type - Journals
eISSN - 2415-9883
pISSN - 1589-3413
DOI - 10.18096/tmp.2017.02.07
Subject(s) - business , manufacturing engineering , manufacturing , engineering , marketing
This study deals with a few practical issues related to preparing facility investment decisions and is based on the findings of a questionnaire survey conducted in 2016. This study discusses the length of time required to prepare economic decisions on investing in facilities, the people to be engaged in investment preparation processes and corporate practices concerning analyses of economic efficiency and ranking of projects. Survey findings show that companies spend several months preparing decisions about facility investments and involve not only owners and top management in this process, but also financiers and investment experts. A relatively high proportion of companies usually evaluate the economic efficiency and rank the investments.
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