Chapter 1- Introduction to Financial Management Be able to calculate: none. Know concepts: advantage and disadvantages of the corporate form of business vs partnerships and sole proprietorships, type of decisions made by the firm (capital budgeting, capital structure, working capital management), agency conflict, the goal of the firm- maximize shareholder value. Chapter 1- Introduction to Financial Management Be able to calculate: none. Know concepts: advantage and disadvantages of the corporate form of business vs partnerships and sole proprietorships, type of decisions made by the firm (capital budgeting, capital structure, working capital management), agency conflict, the goal of the firm- maximize shareholder value