Problem
1) Briefly explain the importance of risk management as a basic function of finance.
2) The investment decision is said to be the most important decision of the corporate finance decision. Explain why.
3) Describe the role and responsible of the board of directors as it relates to corporate management structure.
4) Owning a corporation has its advantages and disadvantages. List three advantages and three disadvantages.
5) Define financial intermediation list and explain the three different types of financial intermediaries.
6) List four reason a business would need to source finance.
7) Almost half of all new ventures fail because of poor financial management. Briefly discuss the possible cause of failure as it relates to the choice of finance and that management of these funds.