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Explain the concept of finance

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1. Explain the concept of finance.

2. How is finance related to other functional areas in a business organization (marketing, production, accounting, etc.)?

3. What are the three types of financial management decisions? For each type of decision, give an example of a business transaction that would be relevant.

4. Besides wanting to pass this class, why do you need to understand finance?

5. What goal should always motivate the actions of the firm's financial manager?

Reference no: EM133000556

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