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Why a manager needs to understand importance of markets

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Reference no: EM131289135

Principles of Finance

Pathbuilder is being used in this course and this discussion is currently locked. Prior to beginning work on this discussion you must complete the Valuation, Markets, Agency Problems, Forms of Business, Basic Accounting Concepts, Cash Cycle of a Typical Firm, and Translating Accounting Profits into Cash Flows modules in the RealizeIt platform. Once the modules are completed and this information has been transferred into the course gradebook this discussion will unlock and you will be able to submit your initial post to the forum.

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Summarize the role of management as it relates to finance in a corporation. In your post, address the following:

• Indicate the various aspects of finance that management must understand.
• Describe why a manager needs to understand the characteristics and importance of financial markets including risk and efficiency.
• Describe why cash flow is more important than sales in a business.
• Discuss what could happen if management does not fulfill responsibilities related to finance. If you have one, share a real world example from your own professional experience or from an external source.

Your post should be 200-250 words in length.

Reference no: EM131289135

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