Bussiness Finance Reviewer

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b.

Assisting other departments in hiring


BUSSINESS FINANCE employees
REVIEWER c. Providing assistance in payroll
preparation, payment of vendors, and
INTRODUCTION OF FINANCE collection of receivables
d. Determining the location and the
Finance- is always of great importance, be it in a maximum amount of office space
business or in one’s everyday life needed by the company.
“Finance as the science and art of managing VP of Finance- Determine the appropriate
money” capital structure of the company
Financial Management- deals with decisions Capital Structure- refers to how much pf your
that are supposed to maximize the value of total assets financed by debt and how much is
shareholder’s wealth financed by equity
“maximize the value of shares of stocks” WHAT ARE THE FUNCTIONS OF FINANCIAL
Organizational Structure- very important MANAGERS?
especially in the financial aspect of the business Financing Decisions- include making decisions
and the particular set of people, each play role as to how to finance long-term investments and
in the decision making of the company working capital-which deals with the day-to-day
Shareholders- the ones who elect the Board of operations of the company
Directors (BOD) Investing Decisions- minimize the probability of
“their responsibility is to carry out the failure, long term investments have supported
objectives of the shareholders” by a capital budgeting analysis

ROLES OF EACH POSITION Operating Decisions- deal with the daily


operations of the company especially on how to
Board of Directors- the highest policy making finance working capital accounts such as
body in a corporation accounts receivable and inventories
-ensure that the corporation is operating to Dividend Policies
serve the best interest of the stockholders

President (Chief Executive Officer)- this position


varies from one company to another

a. Approving the information and other


KALMA DIPA
disclosures reported in the financial
statements TAPOS
b. Performing all areas of management
c. Representing the company MAGANTAY!!
VP for Marketing

a. Formulating marketing strategies and


plans.
b. Performing market and competitor
analysis
c. Analyzing and evaluating the
effectiveness and cost of marketing
methods applied
d. conducting or directing research that
will allow the company identify new
marketing opportunities
e. Promoting good relationships with
customers and distibutors

VP for Administration

a. Coordinating the functions of


administration, finance, and marketing
departments

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