Financial Management

Please give a detailed answer and also please could you add citation.

• Can you really beat the market over the long haul?How many actually have?
• Are markets more efficient today rather than 20 years ago?If so, what may contribute to it?
• Why are financial markets essential for a healthy economy and economic growth?

Purchasing and Global Sourcing

Discussion Forum

integration is discussed relating to internal linkages through cross-functional teams.Provide a scenario involving a cross-functional team that involves purchasing. Discuss the functional areas needed on the team and what role they will play in the decision making process.

Critical Thinking Exercise

Discuss a situation or scenario when centralized purchasing authority is appropriate and provide two or three benefits. Justify your choices. Discuss a situation or scenario when decentralized purchasing authority is appropriate and provide two or three benefits. Justify your choices.Include factors that can influence the decision to centralize or decentralize.