Below are the instructions for the coursework. Please use at least 2 references for this coursework. I have also attached chapters of my textbook since they’re relevant to this coursework. Please include the text as part of your references. Here is the citation of it: Byrd, J., Hickman, K., & McPherson, M. (2013). Managerial Finance [Electronic version]. Retrieved from https://content.ashford.edu/ This text is a Constellation course digital materials (CDM) title. Examine the role of management as it relates to finance in a corporation. In your post, discuss the role of management by addressing the following prompts: Explain the various aspects of finance that management must understand. Describe why a manager needs to understand the characteristics and importance of financial markets including their liquidity, competitiveness, and efficiency. Interpret the function of the Financial Balance Sheet in assisting in managements decision making process. Discuss what could happen if management does not fulfill responsibilities related to finance. Share a real world example from your own professional experience or from an external source. Your post should be 200-250 words in length.
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