BUS 401 Week 1 DQ 1 The Role of Financial Management in a FirmThe Role of Financ

BUS 401 Week 1 DQ 1 The Role of Financial Management in a FirmThe Role of Financial Management in a Firm. Summarize the role of management as it relates to finance in a corporation. In your post address the following: Indicate the various aspects of finance that management must understand. Describe why a manager needs to understand the characteristics and importance of financial markets including risk and efficiency. Describe why cash flow is more important than sales in a business. Discuss what could happen if management does not fulfill responsibilities related to finance. If you have one share a real world example from your own professional experience or from an external source.Your post should be 200-250 words in length.