ch17PPP - Financial Management Chapter 17 Define finance...

Info iconThis preview shows pages 1–5. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Financial Management Chapter 17 Define finance and explain the role of financial managers. Describe the components of a financial plan and the financial planning process. Outline how organizations manage their assets. Compare the two major sources of funds for a business, and explain the concept of leverage. 1 Learning Objectives Identify sources of short-term financing for business operations. Discuss long-term financing options. Describe mergers, acquisitions, buyouts, and divestitures. 2 3 4 5 6 7 ■ Finance – planning, obtaining, and managing the company’s funds in order to accomplish its objectives ■ Maximizing overall worth ■ Meeting expenses ■ Investing in assets ■ Increasing profits to shareholders The Business Function of Finance ■ Implement the firm’s financial plan ■ Determine the most appropriate source of funds ■ Many CFOs are members of the board of directors The Role of the Finance Manager ■...
View Full Document

This note was uploaded on 02/13/2012 for the course ART HISTOR 105 taught by Professor Kenfield during the Spring '11 term at Rutgers.

Page1 / 18

ch17PPP - Financial Management Chapter 17 Define finance...

This preview shows document pages 1 - 5. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online