Question: QUESTION 1 : You are a financial manager working for TechFusion Inc., a medium - sized manufacturing company that specializes in producing advanced electronic components
QUESTION :
You are a financial manager working for TechFusion Inc., a mediumsized manufacturing company that specializes in producing advanced electronic components for various industries, including telecommunications, automotive, and consumer electronics. As a financial manager, your role is pivotal in ensuring the company's financial health and achieving its strategic goals.
TechFusion has been experiencing steady growth over the past few years, expanding its product line and entering new markets. However, with this growth comes various financial challenges and decisions that need to be made strategically. The company's CEO has called for a midterm review of the financial management practices to ensure alignment with the company's objectives.
The company's CEO has requested that you, as the financial manager, prepare a comprehensive report addressing the following:
a The main goal of the financial manager: pts
Define the primary objective that financial managers aim to achieve within the context of TechFusion Inc.
b The three main types of decisions financial managers make: pts
Identify and describe each of the three main types of decisions that financial managers regularly encounter and discuss the significance of these decisions in influencing the company's financial performance.
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