Sign In
Not register? Register Now!
Essay Available:
Pages:
1 page/β‰ˆ275 words
Sources:
4 Sources
Style:
APA
Subject:
Accounting, Finance, SPSS
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 4.68
Topic:

Role of Finance in Corporate Decision-Making

Essay Instructions:

Prior to beginning work on this discussion forum,
-Read Chapter 1: Users of Accounting and Financial Information from Using Accounting and Financial Information: Analyzing, Forecasting, and Decision Making( has been uploaded).
-Read Arizona Microbrewery, Inc.: An Instructional Case on Management Decision Making.
-Watch Finance for Beginner
Good decisions require accurate and timely information. For your initial post, write a clear, concise post describing a decision-making experience, you have had in a current or past job. While writing the memo, please explain:
How has the decision been improved with more of a focus on financial information?
Why would it have been a better decision?
How could you have included more financial information and where might it have come from?
Guidelines:
Your post should be at least 300 words.
If you are lacking the information to write this post, please create a hypothetical situation.
List your information needs if you are lacking the requisite information to answer the questions adequately.
Refer to Citing Within Your PaperLinks to an external site. and Formatting Your References ListLinks to an external site..
Book information:
Epstein, L. (2014). Financial decision making: An introduction to financial reports. Bridgepoint Education.
Chapter 1: What Are Financial Statements and How Can You Use Them?(already uploaded to view)

Essay Sample Content Preview:

ROLE OF FINANCE IN CORPORATE DECISION MAKING
By
Student Name
Affiliation
Course Code
Submission Date
Role of Finance In Corporate Decision Making
How has the choice been made better as a result of a greater emphasis being placed on financial information?
It's possible to enhance decision-making by focusing on financial facts. Financial knowledge helps one understand a decision's estimated costs, rewards, and potential risks and opportunities (Epstein, 2014). My team recently debated whether to invest in new technology. We evaluated the likely costs and benefits of this alternative. We identified any possible risks by looking more closely at the financial data linked with it. Thus, we reached a more informed and confident judgment.
Why do you think that would have been a wider choice?
More financial information would have helped us grasp the option's costs, advantages, and hazards. This would have yielded a better decision. We would have had greater knowledge and confidence in our choice. Without this financial knowledge, we might have chosen a riskier, less favorable, or more expensive option (Zager et al. 2006).
In what ways might you have provided additional financial information, and where could you have found such information?
Including more financial data into decision-making is possible by talking to industry experts and collecting data from several financial sources (Samuels et al. 2016). We might consult a financial advisor for this option. This ex...
Updated on
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:
Order

πŸ‘€ Other Visitors are Viewing These APA Essay Samples:

HIRE A WRITER FROM $11.95 / PAGE
ORDER WITH 15% DISCOUNT!
Order Now