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Essentials of Contemporary Business by David L. Kurtz, Louis E. Boone

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Financial Management

Learning Objectives

image Define the role of the financial manager.

image Describe financial planning.

image Outline how organizations manage their assets.

image Discuss the sources of funds and capital structure.

image Identify short-term funding options.

image Discuss sources of long-term financing.

image Describe mergers, acquisitions, buyouts, and divestitures.

Raising Capital

Like other phone companies in Europe, Telecom Italia is struggling to fund improvements in its fixed and mobile networks. Raising capital for these projects is never easy, and given the economic conditions in Europe, this task is likely more difficult for company executives.

Recently, the company launched a plan to raise up ...

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