BUS-FP3062 Assessment 1- Financial Management

I don’t understand this Business question and need help to study.

  • Respond to five questions about finance and financial management. This assessment addresses various terms used in finance and financial management. After completing this assessment, you will have demonstrated your understanding of the following;SHOW LESS
    • The role of a finance manager in an organization.
    • The finance manager’s goals and objectives.
    • The challenges faced by a finance manager on a daily basis.
    • Why ethical behavior is so important in this field.

    By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:

    • Competency 1: Evaluate the global financial environment.
      • Explain the concept of shareholder wealth maximization.
    • Competency 2: Define finance terminology and its application within the business environment.
      • Define the terms “finance” and “finance management.”
      • Identify major sub-areas of finance.
      • Define the forms of business ownership.
      • Define the term “agency relationship.”
      • Define the term “agency problem.”
    • Competency 3: Evaluate the financial health of an organization.
      • Explain why ethical behavior is especially important in the field of finance.
    Competency Map

    CHECK YOUR PROGRESSUse this online tool to track your performance and progress through your course.

  • Toggle Drawer

    Context

    Financial managers are known as the agents of owners who are the stockholders in a company. The goal of financial managers is to maximize the shareholders’ wealth. Shareholders have many options to invest their money. Financial markets bring investors and borrowers together for transfer of funds from investors to firms. For the markets to be efficient, proper rules and regulations are necessary.

  • Toggle Drawer

    Resources

    Suggested Resources

    The following optional resources are provided to support you in completing the assessment or to provide a helpful context. For additional resources, refer to the Research Resources and Supplemental Resources in the left navigation menu of your courseroom.

    Library Resources

    The following e-books or articles from the Capella University Library are linked directly in this course:

    SHOW LESS

    Course Library Guide

    A Capella University library guide has been created specifically for your use in this course. You are encouraged to refer to the resources in the BUS-FP3062 – Fundamentals of Finance Library Guide to help direct your research.

    Other Resources
    • Cornett, M., Adair, T., & Nofsinger, J. (2019). M: Finance (4th ed.). New York, NY: McGraw-Hill. Available in the courseroom via the VitalSource Bookshelf link.
  • Assessment Instructions

    Respond to the following five questions. Write your responses in a Word document, and number them 1–5.

    1. Define the terms finance and financial management. What are the major sub-areas of finance?
    2. Identify and define the three basic forms of business ownership. Describe the advantages and disadvantages of each.
    3. Define the terms agency relationship and agency problem. Explain three different approaches to minimizing the agency problem.
    4. Explain why ethical behavior is so important in the field of finance.
    5. Explain the concept of shareholder wealth maximization. Is there a conflict between the goal of shareholder wealth maximization and the financial manager’s need to act in an ethical manner? Why or why not?

    Use references to support your answers as needed. Be sure to cite all references using correct APA style. Your responses should be free of grammar and spelling errors, demonstrating strong written communication skills.

Place this order or similar order and get an amazing discount. USE Discount code “GET20” for 20% discount