When marriott says its sources of capital are retained, Operation Management

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When marriott says its sources of capital are retained

When Marriott says its sources of capital are retained earnings and leverage, what is Marriott talking about?

• What would be Marriott's likely uses of capital from those sources?

• Which of the 9 flaws in capital budgeting would you worry about with Marriott. Why?

• How would a dynamic capital budgeting system (see reading 6; How Do You Win the Capital Allocation Game? - Harvard Business Publishing) help Marriott make capital good investment decisions?

Reading is from and can be found: reading 6; How Do You Win the Capital Allocation Game? - Harvard Business Publishing)

Provide a good explanations, no short answers

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