Question
The financial team of a company usually involved in making strategic investment decisions and running daily financial functions such as reporting and coordinating activities. The
The financial team of a company usually involved in making strategic investment decisions and running daily financial functions such as reporting and coordinating activities. The team deals with past data, present data and must have the ability to forecast future expected data. Other than dealing with huge amount of data, the finance team is also the link between companies with the financial market and the financial institutions.
One member of the board of directors of a multinational company is considering offering you a job as a finance manager. He wants you to manage one of his new social enterprise projects in Terengganu. To test you understanding and managerial skills, he asked you to write a report describing:
- The types of financial management decision and examples of a business transaction that would be relevant for each type of decision.
- The main business goal that should always motivate the actions of a financial manager.
- The appropriate financial goals of a social enterprise.
You are required to write a report regarding the above matters. Include opinions, examples, and relevant experience to support your understanding of the related concepts.
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