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The Essentials of Finance and Accounting for Nonfinancial Managers, 3rd Edition
book

The Essentials of Finance and Accounting for Nonfinancial Managers, 3rd Edition

by Edward Fields
March 2016
Beginner
336 pages
7h 34m
English
AMACOM
Content preview from The Essentials of Finance and Accounting for Nonfinancial Managers, 3rd Edition

CHAPTER ELEVEN

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Financing the Business

Borrowing money is a very positive corporate strategy. It helps the company to increase its growth, finance seasonal slowdowns, and invest in opportunities that will ensure its future. However, while the proper financing strategy will support these objectives, the wrong financing strategy will make what otherwise would be excellent corporate programs vulnerable to failure.

Business and our global economy are very dynamic. They are constantly changing, and the rules are always being redefined. Therefore, financing strategies must also be dynamic. What was appropriate for the company six months ago may be very ...

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Publisher Resources

ISBN: 9780814436950