BUS 401 Week 1 DQ 1 The Role of Financial Management in a Firm
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<strong>BUS</strong> <strong>401</strong> <strong>Week</strong> 1 <strong>DQ</strong> 1 <strong>The</strong> <strong>Role</strong> <strong>of</strong><br />
<strong>F<strong>in</strong>ancial</strong> <strong>Management</strong> <strong>in</strong> a <strong>Firm</strong><br />
Summarize the role <strong>of</strong> management as it relates to f<strong>in</strong>ance<br />
<strong>in</strong> a corporation. In your post, address the follow<strong>in</strong>g:<br />
<br />
<br />
<br />
<br />
Indicate the various aspects <strong>of</strong> f<strong>in</strong>ance that<br />
management must understand.<br />
Describe why a manager needs to understand the<br />
characteristics and importance <strong>of</strong> f<strong>in</strong>ancial markets<br />
<strong>in</strong>clud<strong>in</strong>g risk and efficiency.<br />
Describe why cash flow is more important than sales<br />
<strong>in</strong> a bus<strong>in</strong>ess.<br />
Discuss what could happen if management does not<br />
fulfill responsibilities related to f<strong>in</strong>ance. If you have<br />
one, share a real world example from your own<br />
pr<strong>of</strong>essional experience or from an external source.<br />
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m/<strong>BUS</strong>-<strong>401</strong>-NEW/<strong>BUS</strong>-<strong>401</strong>-<strong>Week</strong>-1-<br />
<strong>DQ</strong>-1-<strong>The</strong>-<strong>Role</strong>-<strong>of</strong>-<strong>F<strong>in</strong>ancial</strong>-<br />
<strong>Management</strong>-<strong>in</strong>-a-<strong>Firm</strong><br />
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