Utilizing either the company that you work for or a company that you are familiar with, explain why that business needs a financial manager and the various functions of the financial manager.
Thinking about what you already know about finance, how does finance impact your personal life? Utilizing either the company that you work for or a company that you are familiar with, explain why that business needs a financial manager and the various functions of the financial manager.
Thinking about what you already know about finance, how does finance impact your personal life?
The financial manager has a very important role to play in any organisation. He manages all activities related to finance. This includes activities such as estimation of amount of capital required for the business and the capital structure that would be ideal for this particular organisation.
The finance manager is responsible for selecting the right sources of raising funds since that has a major impact on the cost of capital and finally the profitability of the business. He is instrumental in acquisition of the funds and plays a role in negotiating with the Financial Institutions and underwriters.
An important function of the financial manager is utilisation of the funds in the right manner so as to increase the return on investment of the business. He should be able to make the right capital budgeting decisions so as to expand the operations of the business. The finance manager also helps in deciding the amount of profits that are required to be retained for future growth and this determines the amount of dividend to be distributed to the shareholders.
Cash management is an important task performed by the finance manager. He keeps an eye on the financial ratios which determine whether the business is on the right track.
Utilizing either the company that you work for or a company that you are familiar with,...
Thinking about what you already know about finance, how does finance impact your personal life?
Choose a company you are familiar with. Provide examples of how this company is utilizing the following promotion tools to communicate with its customers. (5 marks each, Total 25 marks) Identify at least one advantage of using each of the promotion tools (5 marks each, Total 25 marks) Promotion tool Example Advantage 1.Advertising 2.Sales promotion 3.Public relations 4.Personal selling 5.Direct and digital marketing
You are working as a finance manager in a Finance company. Your friend is interested in buying a car for his business and he wants to know more about leases. Explain in detail the two types of leases.
Research a company you are familiar with either in person or online and determine what the company uses as a source document to input data into their ERP system. Examples could be a purchase order or new account form. Explain what the forms are used for and determine if the same documents can be used for a manufacturing company and a retail or service company.
Consider the organization you work for or an organization with which you are familiar. Using that organization, answer the following questions in your discussion post: Describe the organization you have selected to your classmates and instructor in a short summary. How have technological trends helped the organization innovate its business processes? How has IT technology caused disruption in the organization? Explain. How did the disruption facilitate a competitive advantage?
PLEASE HELP WITH A RESPONSE TO THIS POST How can you obtain work experience in the finance field while you are still a student? One of the easiest ways I can obtain work experience in the finance field is by entering an internship at a selected firm of my choosing. This, along with many other career paths, is a great way to not only learn about the field but take action in the real world within a hands-on environment, which...
Utilizing the information in Why Study Science, Why Should you be Scientifically Literate, Science Literacy (Links to an external site.)Links to an external site., and any other appropriate source, answer the following prompts: Which argument(s) do you see as a valid reasoning for becoming scientifically literate? Why? How do you think learning about biology will affect your life? Give specific, personal example of how you used science literacy in your everyday life to make a specific decision or accomplish specific...
Question 4 Consider a manufacturing organisation that you are familiar with or work with. Discuss the inventory control approach that this particular organisation is likely to use. In your answer, you should relate the strategies and techniques in inventory management to the work environment. For context, provide a brief background of the organisation, its products, customers and suppliers. (10 marks) Venture Bike Pte Ltd assembles mountain bicycles using various components as shown in Figure 1 . Т.he company needs to...
Select a company that you are familiar with or to which you have access to information. You should have access to information about the types of products/services the company offers, its industry, the size of the company, and where it is located (or where it operates). Briefly describe your selected company, including its industry; whether it offers products, services, or both; the size of the company; and where it is located or where it operates (if multiple locations). For your...
Describe a business person you either work with, or who owns a small business in which you are familiar with in your location. Define them as having entrepreneurship characteristics/traits which allows you to define them as having an entrepreneur mindset and behaviors.