Die Toepassing van Kapitaalinvesteringsmetodes deur Nie-Vervaardigingsondernemings

Abstract

Dr Lambrechts suggests in this paper that it is generally believed the capital investment methods applied by manufacturing organizations are scientifically more advanced than those applied by non-manufacturing organizations. His findings stem from an empirical investigation of a number of noted industrial and commercial undertakings in South Africa, and highlight a number of shortcomings in the capital investment practices of the group of non-manufacturing concerns investigated. His findings indicate also a large number of differences, in terms of previously defined criteria, between the capital investment practices of non-manufacturing organizations and those of manu­facturing organizations. Dr Lambrechts concludes that the general belief that manufacturing concerns use more scientific capital invest­ment techniques than others seems to be valid and he identifies a number of possible reasons why this is the case.