FIN 534 week 1Discussion
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FIN 534 Discussion
Week 1 Discussion 1
What are at least 2 reasons why corporate finance is important to all managers? Support your response with examples of activities and events that demonstrate this importance.
1) Managers need to understand finances of their company in order to help the company grow, pay its bills, and invest in ways to reinvent or keep up with customer trends. Thus all managers need to understand how they impact the return on investment to a company.
2) Helps manager understand why changes are needed and provides needed training in those areas to help support the company needed changes. From how to help with human resources issues to decrease employee liability from safety concerns or wrongful termination.
3) Helps the company understand where to put their money...