Explain the basic principles of Financial Management.
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- 2. A successful entrepreneur may need a support of banking institutions and Non- banking financial institutions. Being an entrepreneur, which non- banking financial institutions help is required to run the business smoothly?WRITE and submit a prepare on your perspective to the statements: 1. "The primary role of management is to maximize the wealth of the shareholder." 2. "Financial management should include not only a concern for profit maximization but also for maximization of societal value."b. Discuss how can an entrepreneur effectively balance the need to innovate and take risks with the need to manage resources and ensure profitability in the long term?
- 1. Could writing a conventional business plan ever cause more harm than good? Explain your answer?2. If you wanted some assistance in setting up and running a new business, you might look at business incubators as a solution. What kind of assistance would you consider the most valuable?3. Given the risks involved in starting any company, should an aspiring entrepreneur investigate all possible failure scenarios and develop action plans to avoid these potential outcomes? Explain your answer.4. How do autocratic, democratic, and laissez-faire leadership styles differ?5. Ethical considerations. Apart from meeting the company’s future talent needs, do managers have a personal ethical obligation to help their employees develop and advance in their careers? Explain your answer.6. What are the advantages and disadvantages of the unstructured organizational model?7. Suppose you are the marketing manager of the credit-card department of a financial institution. Your objective is to support the…Cathy wants to open her own accounting firm. She requires your help with the business plan. Advise Cathy on reasons for an entrepreneur to write a business plan.Hi can you help me with this one please. If you have any references, please state it also. Thank you. :) 1. What are the advantages and disadvantages of THREE forms of business organizations? How does each one source capital for the enterprise? 2. How do financial intermediaries function in the economy? 3. Explain the concept of fundamental, or intrinsic, value.
- Imagine you were to start your own business in Kleve, manufacturing small but smart household robots. Assume your business has developed a product currently superior to any competition. You have secured an initial manufacturing facility in Kleve-Kellen, with enough space to expand. However, the manufacturing process is complex. You have already convinced a number of very wealthy investors to meet your financing needs of the next two to three years, so there is no pressing need for going public yet. 1. Why would your business "go global" early on? And how would your startup business be positioned in a global market? 2. Please propose a likely sequence of steps, that your business has to take to achieve this sort of global ambition. Don't just name the steps but also elaborate on business resources you consider essential. 3. Please identify the three biggest challenges you expect to meet in the process of "going global"! Please be as specific as you can be, the more your analysis…2. what is the difference between start up finance and start up revenue? explainDiscuss FIVE (5) characteristics of successful entrepreneurs that can help them access capital in different forms using the extract as a basis for your discussion.
- What is the primary goal of management? What are the primary tasks of a Chief Financial Officer (CFO) and others in finance function of an organization? Name and explain three tricks that management can play to manage earnings. Explain how using financial ratios can help spot these tricks. . Why is it important to analyze profitability, specifically focusing on return on investment? Invoke the breakdown of ROI in thinking about your responsYou have just graduated from the MBA program of a large university, and one of your favorite courses was “Today’s Entrepreneurs.” In fact, you enjoyed it so much you have decided you want to “be your own boss.” While you were in the master’s program, your grandfather died and left you $1 million to do with as you please. You are not an inventor, and you do not have a trade skill that you can market; however, you have decided that you would like to purchase at least one established franchise in the fast-food area, maybe two(if profitable). The problem is that you have never been one to stay with any project for too long, so you figure that your time frame is 3 years. After 3 years you will go on tosomething else. You have narrowed your selection down to two choices: (1) Franchise L, Lisa’s Soups, Salads, & Stuff, and (2) Franchise S, Sam’s Fabulous Fried Chicken. The net cash flows shown below include the price you would receive for selling the franchise in Year 3 and the forecast…Briefly discuss how you are going to present your Business Plan to investors.
