Effective investment and financial planning strategies

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Managers should learn how to use statistical techniques to time, and forecast, as accurately as possible, changes in basic micro and macroeconomic factors. They should make good use of accountants, who can supply the financial statements that enables managers to monitor the performance of the firm. In other words, the best managers know how to use all available tools and how to put together different sources of information to achieve the most effective investment and financial planning strategies and objectives for the firm.

Reference no: EM1355424

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