Business Finance is often associated with the maximisation of shareholder wealth and consideration of other stakeholder perspectives. Investors are constantly concerned about the future returns available and investment appraisal techniques have evolved to try and determine future outcomes from potential investments to assist management in decision making.

You are required to critically evaluate the different methods of investment appraisal and consider if these methods are suitable for an ever changing business environment and whether they meet the needs of both investors and the wider stakeholder community.
You should use examples to illustrate your points and a wide range of support from academic literature is also expected.
Your response should be in the form of a written report of between 1,500 and 2,000 words.
This assignment covers the following module learning outcomes:
Critically analyse the role of finance in modern business
Understand the conceptual framework of finance
Understand the range and application of techniques used for capital investment appraisal