What are the major areas in finance?

ii. Besides wanting to pass this class, why do you need to unde
rstand finance?
iii. What is the capital budgeting decision?
iv. What do you call the specific mixture of long-term debt and e
quity that a firm chooses to use?
v. Into what category of financial management does cash managem
ent fall?
vi. What are the three forms of business organization?
vii. What are the primary advantages and disadvantages of sole prop
rietorships and Partnerships?
viii. What is the difference between a general and a limited partners
hip?
ix. Why is the corporate form superior when it comes to raising c
ash?
x. What is the goal of financial management?
xi. What are some shortcomings of the goal of profit maximization
?
xii. What is an agency relationship?
xiii. What are agency problems and how do they arise? What are agency
costs?
xiv. What incentives do managers in large corporations have to maximi
ze share value?
xv. Visit Careers in Business at www.careers-in-business.com and ex
plore careers in finance or any other area of business that you would like to pu
rsue. Write a short note on it.
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