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Page 1 of 2 Leadstar College of Management and Leadership Faculty of Business and Leadership Department of Accounting and Finance MBA Program INDIVIDUAL ASSIGNMENT I Course Title: Financial Management, Course Code: MBA 682, Credit Hours: 2Hr The Due date of this assignment will be on June 26, 2020 GC before 4:00 PM via the email available on the course outline. PART I: DISCUSSION QUESTIONS 1.Discuss what you understand about Finance, why we need finance and how finance becomes essential requirement of every organization and in our daily life of social, political and economic arenas? Furthermore, discuss what financial management means and why it is required in the personal and business arenas. What are major components of financial management and what decisions are made by financial managers? 2.Differentiate profit maximization from wealth maximization? Which one of them comes first and discuss how the managers negotiate the conflicts among them. 3.Discuss what you know about risk and return issues, differentiate systematic risk from unsystematic risk. Furthermore, discuss what good risk and return model should perform and how