Part II $(10\%)$

ONLINE CLASS PARTICIPATION

Discuss the following topic$($s$)$ in the forum and submit proof of your participation in the online discussions:

$1.$ Explain the advantages and disadvantages of stock repurchases vis$--$vis dividends from both investors$$ and companies$$ perspectives.

$2.$ Explain the importance of financial management in the context of strategic planning and controlling of financial undertakings.