II Essay (80 items) 1. In your own understanding, enumerate and explain the (3) three major decision areas that the financial manager must confront. 2. Suppose you were the financial manager of a not-for-profit business. What kinds of goals do you think would be appropriate? 3. Does knowledge of financial ratio and statistical approaches give a manager all answers in solving financial problems? Explain your answer. 4. You are the key decision maker in a financial institution, among the discussed Risk Management Strategies which do you prefer the most? Explain/defend your answer. 5. In your own view and understanding, what are other ways that the leader/managers can do to strengthen their respective decisions or recommendations aside from analyzing financial data? Identify as many as you can and elaborate your answer/s.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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financial management 

Il Essay (80 items)
1. In your own understanding, enumerate and explain the (3) three major decision
areas that the financial manager must confront.
2. Suppose you were the financial manager of a not-for-profit business. What kinds
of goals do you think would be appropriate?
3. Does knowledge of financial ratio and statistical approaches give a manager all
answers in solving financial problems? Explain your answer.
4. You are the key decision maker in a financial institution, among the discussed
Risk Management Strategies which do you prefer the most? Explain/defend your
answer.
5. In your own view and understanding, what are other ways that the
leader/managers can do to strengthen their respective decisions or
recommendations aside from analyzing financial data? Identify as many as you can
and elaborate your answer/s.
Transcribed Image Text:Il Essay (80 items) 1. In your own understanding, enumerate and explain the (3) three major decision areas that the financial manager must confront. 2. Suppose you were the financial manager of a not-for-profit business. What kinds of goals do you think would be appropriate? 3. Does knowledge of financial ratio and statistical approaches give a manager all answers in solving financial problems? Explain your answer. 4. You are the key decision maker in a financial institution, among the discussed Risk Management Strategies which do you prefer the most? Explain/defend your answer. 5. In your own view and understanding, what are other ways that the leader/managers can do to strengthen their respective decisions or recommendations aside from analyzing financial data? Identify as many as you can and elaborate your answer/s.
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