Question 1:

Refer to the Tips for Negotiating Your Teams Budget discussion on p. 131 of the Finance For Managers text. The discussion starts by saying, Effective budgeting requires a certain organizational savvy. You could also reword the sentenced to say, Effective budgeting requires a certain leadership savvy. Then it offers six tips (bulleted items) for negotiating a budget. Pick any three of the six tips and explain how an idea from either the Daft text or the Made To Stick text would help you to succeed or become more effective in the budget process. Cite what the idea is, which text it came from, and how it would make you a more effective budget negotiator.

Question 2: Refer to the Finance For Managers text. Either find an example or create your own example of a Net Present Value calculation that compares two or more potential projects (investments). Show how you can use NPV to make a decision about which one is the best investment. If you are coming up with your own example, you may model it after the examples in the book