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Ashford
Principles of finance
week 1
BUS 401 Week 1 DQ 1 The Role of Financial Management in a Firm

BUS 401 Week 1 DQ 1 The Role of Financial Management in a Firm

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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.

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