Understand the capital-budgeting-decision process for a large corporation; each should support the corporation's business and financial objectives. The capital-investment decision is important strategically because of the choice of where to spend the funds. Review the use of NPV and IRR as decision metrics. Although individual cash flows are not provided for the CPRs, the dashboards give substantial sensitivity analysis for changes in the value drivers of the projects, and therefore afford the opportunity for students to review the principles of NPV and IRR calculations. Understand the multidimensionality of a capital-investment decision. As a major retailer, Target executives recognized the importance of brand awareness to the success of the company, which makes the NPV only part of the consideration for a capital-project request.