An International company called Larsen & Toubro (L&T) on 26.3.2019 announced that it had won a contract for a coke calciner project at Sohar Industrial Estate in Oman. They did not bid for many projects in 2019 in the GCC region due to capital rationing. The reason for hard capital budgeting will not include the following Poor track record Desire for limited investment options Poor management team Industry-wide factors

An International company called Larsen & Toubro (L&T) on 26.3.2019 announced that it had won a contract for a coke calciner project at Sohar Industrial Estate in Oman. They did not bid for many projects in 2019 in the GCC region due to capital rationing. The reason for hard capital budgeting will not include the following Poor track record Desire for limited investment options Poor management team Industry-wide factors

International Financial Management

14th Edition

ISBN:9780357130698

Author:Madura

Publisher:Madura

Chapter16: Country Risk Analysis

Section: Chapter Questions

Problem 5ST

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