Explain the role of capital investment analysis of this


A high technology steel company:"We try to find the best technology, stay ahead of competition, and serve the customer......We'll make any investment that will pay back quickly ......but if it is something that we really see as a must down the road, payback is not going to be that important."

Explain the role of capital investment analysis of this company.

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Business Management: Explain the role of capital investment analysis of this
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