Every manager makes three decisions when carrying out the financial Functions. Justify their decisions.
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- Describe and differentiate between planning, execution, and per- formance management tools.WHat is the role of theproject manager?#4 How does a government agency raise revenue differently from a private company, and how does that affect the way government decisions are made, compared to business decisions?
- All of the following are functions of management except Select one: a. Controlling b. Leading c. Financing d. PlanningDiscuss the concept of budgeting as a key component of the planning process. How can budgets be used to control and monitor organizational performance?What are the ethical considerations that managers need to be aware of when making decisions, and how can they ensure that their actions are aligned with the values of their organization?
- Describe some decisions that might be good for an organizations profitability in the short-term, but bad for the organization in the long-termExplain the importance of financial management in the context of strategic planning.Explain how short-term decisions differ from long-term decisions of a business and provide examples to support your answer.