In the real world, what are the main challenges that a Finance Manager faces while trying to run a business entity? Elaborate on the same.

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?

Based on your understanding, expound the role of a financial manager in financing, investing, and operating decisions of a firm?

What is your primary objective in choosing a company in which to invest money? What key items or relationships will you look for in each financial statement that will help you decide in which company to invest?

Why is it important for persons in marketing, accounting, production and other areas in the firm to understand finance?

In order to succeed as an entrepreneur, one must understand the fundamentals of financial management.

explain why financial management is a difficult task within an organisation, and give examples as well as the risks associated with financial management

_________________key decisions is a financial manager likely to make?

What is the distinction between the accounting and finance functions? What function do they perform inside the business? Which of these two organizations engages in what activities?

How one can help the Financial Accounting Department of a multinational company if he/she is hired?