|
The Role of Financial Management in a Firm |
Examine the role of management as it relates to finance in a corporation. In your post, discuss the role of management by addressing the following prompts:
- Explain the various aspects of finance that management must understand.
- Describe why a manager needs to understand the characteristics and importance of financial markets including their liquidity, competitiveness, and efficiency.
- Interpret the function of the Financial Balance Sheet in assisting in management’s decision making process.
- Discuss what could happen if management does not fulfill responsibilities related to finance. Share a real world example from your own professional experience or from an external source.
Your post should be 200-250 words in length.
Guided Response: Review several of your classmates’ postings. Respond to at least two classmates’ by commenting on their example of management not fulfilling its responsibilities. Pose a question to spark discussion regarding what could have been handled differently.
Reference:
Byrd, J., Hickman, K., & McPherson, M. (2013).
Managerial Finance. San Diego, CA: Bridgepoint Education
Inc.
Other samples, services and questions:
When you use PaperHelp, you save one valuable — TIME
You can spend it for more important things than paper writing.
