CCSD Financial Projection Make Critical Decisions and Control the Organization Essay

I’m trying to study for my Business course and I need some help to understand this question.

Financial management is a critical part of an organization. Therefore, the financial projection of your . plan plays an important role.

1)If you are changing the direction of an existing business, how will your needs affect your staffing levels and deployment?

2) Will current employees be able to be trained for new tasks, or will new staff need to be hired?

PROFESSOR’S GUIDANCE FOR THIS WEEKS’S LE:

The financial manager is accountable for the financial affairs of the business. Even if you are not personally responsible for preparing ongoing financial reports, you are responsible for the financial activities of the firm and should have a working understanding of financial statements so that you can better control your company. Financial statements provide you with the information you need to make decisions. Many managers may delegate authority to bookkeepers and bean counters, ultimately financial managers are fully responsible for all financial activities of the business.

300 Words

Prof. Angela

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