The importance of investment decision in enterprise management

The management of a company must fulfill at least two essential conditions in order to achieve the goal of maximizing the market value of the company: efficiently using the existent resources and the opportunity of increasing or decreasing the capital stock. The second condition implies a complex decision called the investment process or the programming of the investment or the financing of the capital. Any of these terms refer to the process of the expenses programming whose effects are estimated to be obtained in a period longer that a year.