Question

What is the primary goal of management? What are the primary tasks of a Chief Financial Officer (CFO) and others in the finance function of an organization?

How do you think that you might use the knowledge learned in this course in your career or personal life?

1. When you make your initial post, please fully answer the question and make substantive responses - i.e. at least 400 words that really dive into the topic and show that you've read the text and done the research to support your opinions.

2. Apply appropriate examples that illustrate your points - feel free to bring your workplace experiences into the discussion. It helps us all learn when we can relate our past work experiences to what we're learning here in the discussions.

• You must reply substantively (at least 50 words that welcomes further discussion) at least three times to your classmates and/or your instructor.
• You may not use any quoted material even if sources are cited. Please make sure all posts are written entirely in your own words.

Answer 1

I will answer only Q1 as per HomeworkLib policy.Kindly accept HomeworkLib policy.

Q1)The primary goal of management is to make the wealth of stockholder maximum.Firms generally offer bonuses and stock options based on the performance of the management.In this way the firm's financial performance and the personal wealth of management gets linked.The more job managers do to make the share price maximum, the more compensation they get.

Managing the financial action of a company is the responsibility of the senior executive known as Chief financial officer. Their duties include identifying the strengths and weaknesses of the business and correcting them as well as making attempt to track cash flows and making financial plan.CFO's also see whether their organization meets the financial compliance management.The CFO also analyses data, keeps record ,and manages financial risks.CFO's wprk to improve the financial status of the organization.

Chief financial officers are executives in their organization earning good salary.Since the job is lucrative a person can make this post his career.A person can become a CFO and take part in strategic business management .operation management ,risk management and help the organization.A career of CFO help to understand how the entire economy works and also help the economy in becoming competitive and profitable.