ET Doc -600 words
pns doc-600 words
Please respond to 3 articles
Responses-à175+ words response each (3 responses-600 words)————–à
In your response to the discussions posted, consider comparing cash generation techniques at your company versus his or her company. Draw distinctions based on the industry and tell your colleagues why those distinctions are necessary for the management of cash flow.
Below are additional suggestions on how to respond to discussions:
- Ask a probing question, substantiated with additional background information, evidence or research.
- Share an insight from having read your colleagues’ postings, synthesizing the information to provide new perspectives.
- Offer and support an alternative perspective using readings from the classroom or from your own research.
- Validate an idea with your own experience and additional research.
- Make a suggestion based on additional evidence drawn from readings or after synthesizing multiple postings.
- Expand on your colleagues’ postings by providing additional insights or contrasting perspectives based on readings and evidence.
Respond to 1st article with 175+ words
Managerial finance means the branch of finance-related to your effect of strategies being linked to fund, like relative statements which can be financial trend analysis. The purpose that is primary of finance is always to evaluate financial strategies and optimize the earnings associated with the business organizations. It’s a device that is beneficial decision making because managers need different information concerning the development of the economy within businesses they direct, from detailed information of costs and to modeling the decision-makers’ behavior. It will help to realize quickly and requires decision-making that is rational. It assists in the decision of expansion of funds and discovering the source that would work. The new abilities that we acquired out of this course are problem-solving abilities, social abilities, analytical capability, and financial reporting. I am aided by these abilities to make my job in the area of finance. Analytical abilities suggest the capability to gather and evaluate information, problem-solve, and create a decision (Bakhit and Alamin, 2016). Analytical skills help resolve issues of an organization and enhance its general success. Social skills are the one’s abilities that the person makes use of to efficiently connect to other people. Social skills are effective communication, active listening, and conflict resolution. I would personally use knowledge that is new to monitor the finance of the company. Financial managers help make financial reports, plans, and techniques for the word that is long objective, and activities of direct investment. This program assists me personally to get ready statements which are financial reports of a business task, and forecasts. Additionally helps you to supervise employees that do not budget and reporting that is financial. The manager is financial in charge of the financial health of the company. An analysis could be done by me personally of data and recommend senior managers on some ideas of profit-maximizing. The part that is primary of the finance manager is always to assist management make financial decisions (Nosratabadi et al., 2019).
Bakhit, G. R, and M.,A Alamin. 2016. “The Role of Financial Management in the Decision-making of Business.” IOSR Journal of Business and Management (IOSR-JBM) 18 (6): 111-116. doi:10.9790/487X-180601111116.
Nosratabadi, S., Mosavi, A., Shamshirband, S., Kazimieras Zavadskas, E., Rakotonirainy, A., & Chau, K. W. (2019). Sustainable business models: A review. Sustainability, 11(6), 1663.
Respond to 2nd article with 175+ words
The course on “Managerial Finance” offered significant insight into various aspects associated with the finance and effective management of finance, financial acuity and financial reporting. It helped me to increase my skills and develop effective financial decisions and manage finance and promote the financial performance of a firm effectively (Gitman, Juchau, & Flanagan, 2015). From the contents of a class like financial acuity, it is learned that financial management requires sharpness of thoughts, good listening and determine vision to manage the finance for the business and sense things, resolve issues and perform well. Adopting financial acuity helps the organizations increase wit, promote sharpness, sense the different aspects associated with the management of finance within the firm and develop effective tactics to manage them and understand and run effectively (Maher, Stickney, & Weil, 2008). From the managerial decision making, it is noticed that managerial decisions requires the managers of a firm develop decisions constantly and ensure the managerial decisions made by the firm are significant and helps the organizations keep the stakeholders with it for a long time, reduce complexity, increase the flow of information and perform well. The new skills attained from the contents of managerial finance include financial acuity, financial reporting, working capital, management of current assets and liabilities, developing policies like dividend and financial capital and capital budgeting (Hilton & Platt, 2016). It also helped me to gain effective skills on managerial decision-making, calculating budget, determine assets and manage finance for the business operations and creating financial reports. It also helped me to enhance my interpersonal skills, develop effective accounting decisions and manage finance well. I will use the skills attained from managerial finance to evaluate the financial performance of a firm, develop effective managerial decisions and accounting decisions such that facilitate sufficient amount of money for the business operations, execute operations well and perform as per customer requirements. It helps the firm promote financial growth and run well.
Gitman, L. J., Juchau, R., & Flanagan, J. (2015). Principles of Managerial Finance. Pearson Higher Education AU.
Hilton, R. W., & Platt, D. E. (2016). Managerial Accounting. McGraw-Hill Education.
Maher, Stickney, & Weil. (2008). Managerial Accounting. UK: Thomson Corporation southwestern.
Respond to 3rd article with 175+ words
In the business world, organizations are adopting effective strategic management practices or operations to adopt or manage the financial aspects of the organization. Indeed, financial acuity is an essential thing in the modern business world where financial acuity speaks about the importance of making financial decisions or strategies to control the financial resources and cash flows of the organization to avoid financial crisis challenges effectively (Poongavanam, 2017). It was learned that financial aspects or some elements are mainly showing a huge impact on the organizational process for this reason financial managers or business managers should adopt effective techniques to assess the financial aspects of the performance of the organization. For example, the managers of the organization should track the cash flows of the organization because it is a great tool to understand the cash outgoing and incoming accurately. Based on the company’s current assets and expenditures the organization can make further strategies to control the cash flows of the organization effectively. Indeed, the organization must utilize the financial analysis tool to conduct the financial performance of the organization to assess the firm’s revenue and business performance during the past couple of years. Based on the net income rates, revenue growth, and company’s assets, the organization needs to be practiced with effective financial management practices to control the financial challenges (Irena & Mariana, 2017). Indeed these are essential tools to measure the financial aspects of the organization so I will use these tools in my professional field to generate appropriate ideas or solutions to overcome the financial crisis. Indeed some useful factors like risk and returns, interest rates, and stock analysis are essential aspects that must be useful to measure the financial wealth of the organization to make further financial strategies to attain expected outcomes accordingly (Berry, Betterton, & Karagiannidis, 2014). Moreover, the organization should identify the beta value of the organization because it influences the organization to investors to make investments in the corresponding business activity. Indeed investors obtain the risks related to investing in the business projects. Also, net present values kind of factors should be assessed to define strategic goals and objectives to manage the financial problems perfectively.
Berry, S. G., Betterton, C. E., & Karagiannidis, I. (2014). Understanding Weighted Average Cost of Capital: A Pedagogical Application. Journal of Financial Education , 11-32.
Irena, M., & Mariana, B. (2017). The Time Value of Money in Financial Management. “Ovidius” University Annals, Economic Sciences Series, Vol. 27, 2 , 593-597.
Poongavanam. (2017). A Study On Comparative Financial Statement Analysis With Reference To Das Limited. IOSR Journal Of Humanities And Social Science, Vol. 22, Iss. 10 , 9-14.