Criestefiel Ann S.

Lolo

Grade 12 Gates

BUSINESS FINANCE

Quarter 1 Module3

Identifying the Roles in a Corporate Organization

APLICATION
Unilever: ―Finance plays a critical role across every aspect of our business. We enable the business to
turn our ambition and strategy into sustainable, consistent and superior performance - Jean-Marc Huët
(Unilever)

Reflection:

It conveys the idea,that finance as the backbone of any business stating that without it business
wouldnt obtain sufficient firmness to be sustainable and stable.

Jollibee: ―It’s very exciting because you are not just thinking of today but what the company will need
in the future‖ - Ysmael V. Baysa (Morales, 2013)

Reflection:

A good planner is proactive. He/she makes the most out of the present keeping the future in
mind.Therefore, to be a good company manager is to think about its future needs and future goals. The
decisions being made and actions being taken now are all geared towards the company's future.Only
then can a company remain relevant. Only then can a company remain successful. Only then can a
company remain sustainable.
ENRICHMENT

1. Explain why shareholder wealth maximization should be the overriding objective of management.

 Because the goal of shareholder wealth maximization is a long term goal achieved by many
short-term decisions to maintain or exceed the expected value of shareholders. ... Because
serving the interests of stakeholders can create profit for the firm, create value for shareholders

2. What other positions can you think of that are related to financial management?

 Accountants and Auditors.

 Budget Analysts.
 Financial Analysts.
 Insurance Sales Agents.
 Insurance Underwriters.
 Loan Officers.
 Personal Financial Advisors.