How could capital budgeting be applied in your organization or to your personal finances?

Please answer the below questions:

See the attached chapter overview.

Thansk!

    1. Application: How could capital budgeting be applied in your organization or to your personal finances?
    2. Not-for Profit Entities: Are the capital budgeting criteria discussed in the chapter applicable to not-for-profit corporations or the government?  How so? 
  1. Your discussion should be based on the chapter reading, as well as other resources that can contribute to the discussion.
  2. Your initial post should be 150 to 300 words in length and include at least one academic source that is properly cited.