1. Explain the concept of finance. 2. How is finance related to other functional areas in a business organization (marketing, production, accounting, etc.)? 3. What are the three types of financial management decisions? For each type of decision, give an example of a business transaction that would be relevant. 4. Why do you need to understand finance? 5. What goal should always motivate the actions of the firm’s financial manager?
1. Explain the concept of finance. 2. How is finance related to other functional areas in a business organization (marketing, production, accounting, etc.)? 3. What are the three types of financial management decisions? For each type of decision, give an example of a business transaction that would be relevant. 4. Why do you need to understand finance? 5. What goal should always motivate the actions of the firm’s financial manager?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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1. Explain the concept of finance.
2. How is finance related to other functional areas in a business organization
(marketing, production, accounting, etc.)?
3. What are the three types of
decision, give an example of a business transaction that would be relevant.
4. Why do you need to understand finance?
5. What goal should always motivate the actions of the firm’s financial manager?
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