Discussion 10.2: Personal Business – Excelsior Writers | excelsiorwriters.com
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The priorities companies must weigh when making financial decisions are the same ones you weigh when managing your personal finances.
Review the section of Chapter 18 titled “The Role of Financial Management.” Then, give one example from your personal finances that demonstrates EITHER
- balancing short term and long-term debt
- the tradeoff beween risk and return, OR
- your spending’s relationship to how flexible and resilient you can be.
What can we learn from your personal finance example about “big” business finance?