Week 1 Discussion 1 – BUS401 Principle of finance – Due today 9pm cst 6 hours
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.