Summarize the role of management as it relates to finance in a corporation.
Indicate the various aspects of finance that management must understand.
Describe why a manager needs to understand the characteristics and importance of financial markets including risk and efficiency.
Describe why cash flow is more important than sales in a business.
Discuss what could happen if management does not fulfill responsibilities related to finance. If you have one, share a real-world example from your own professional experience or from an external source.