1.10 Why Study Finance?

By now, you should be convinced that studying finance is important. The study of finance can be invaluable, whether you plan to work in a small family business or a large corporation—or even if you only want to plan and invest in your own financial future. Finance can help you understand how large and small companies make financial decisions. Understanding how and why your employer makes decisions increases your ability to contribute to the company as well as your ability to increase your personal compensation. For your own future well-being, studying finance will help you understand the trade-offs you face in making personal financial choices and help you select the most appropriate action. Good economic sense and sound ...

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