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.
Explanation & Answer
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Running head: MANAGERIAL DECISION MAKING RESEARCH AND ANALYSIS
Managerial Decision Making Research and Analysis
MANAGERIAL DECISION MAKING RESEARCH AND ANALYSIS
Indicate the various aspects of finance that management must understand
The administration needs to recognize jeopardies, cash flow, foregone cost as well as time
for them to achieve financial development. Therefore, the fore mentioned factors result to
valuation of the company’s assets. On the other hand, this makes a potential skill which is essential
to making comprehensive monetary decis...
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