Financial management is not a wastage of time to businesses due its importance. Discuss. (30 Marks)

Q.3 Majority of Businesses have collapsed due to financial distress. It is believed that the ONLY cause of failure of the underlying businesses is Competition. Do you agree with this Statement? What strategies would you suggest to solve and or avert a situation of Business failure and Financial Distress? (30 Marks)

Q.4 At The just concluded Business symposium held at Cavendish University Uganda in corroboration with Nkumba University School of Business Administration, a participant alleged that, There has been a lot of anxiety about The East African Community (EAC). Critics of The EAC argue that this is just a club of Heads of State meant to push the political selfish agenda and there are No benefits to speak of that the common Citizens of The EAC enjoy. In view of this Statement, discuss the current benefits to the citizens of The EAC member States. (30 Marks)