Abstract
Abstract Concern has been expressed that UK organizations are lagging behind their competitors in the adoption of advanced manufacturing technology. It has been suggested that it is not the shortcomings of the technology that is resulting in the rejection of AMT projects but possibly the inappropriateness of the economic evaluation methods used in its appraisal, the difficulties in evaluating the potential benefits and the criteria used to assess management performance. A postal survey, addressed to large UK manufacturing organizations, into the ‘state of the art’ of investment appraisal of AMT projects has identified that there is concern that the traditional financial appraisal techniques may be inappropriate for appraising long-term projects. This research also identified the concern over the difficulties experienced in appraising AMT projects and supports the argument that a short-term business philosophy may exist in some major UK manufacturing companies. Areas for further academic research are highl...
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
