In order to be successful in the global economy, the understanding of finances and their management, is essential. A basic but solid foundation of business calculations, amortization, financing, and installment will serve an organization well in the conduct of their business (Henneman & Antov, 2018).

Additionally, the comprehension of how money works will help companies compare and choose the opportunities that are presented to to them (Dinnar & Susskind, 2018). Knowing which investment is going to yield the best return is important. Maximizing the resource and funds so that organizations have assets ready to participate in the projects they are interested in, is crucial. Maintaining positive cash flow, having an intimate knowledge of where your money is, and what the next project will be, is key to success in the global economy.

Dinnar, S., & Susskind, L. (2018). Entrepreneurial negotiation: Understanding and managing the relationships that determine your entrepreneurial success. Springer.

Green, J., Henneman, M., & Antov, D. (2018). Optimizing Growth: Predictive and Profitable Strategies to Understand Demand and Outsmart Your Competitors. John Wiley & Sons.

Prompt: Define and describe 2-3 methods that a firm's mix of equity, debt, and internally generated funds, is used to finances its activities.

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