1- The term "business organization" refers to how a business is structured.It refers to a commercial or industrial enterprise and the people who constitute it. Make a note on the forms of organizations
2- The amount of cash involved in a fixed asset investment may be so large that it could lead to the bankruptcy of a firm if the investment fails. Consequently, capital budgeting is a mandatory activity for larger fixed asset proposals." Substantiate the statement with enough explanations of the different investment decision criteria.
3- Give a brief summary of forecasting to determine additional (discretionary) funding (financing) needed.
4- Good inventory management is all about having the right amount of product, at the right price, at the right time, and in the right place." Clarify the statement.
5- Explain the financial Axioms
Risk - return trade-off
Time value of money
Cash is king
Incremental cash flows
The agency problem
Taxes bias business decisions
All risk is not equal
Ethical dilemmas are everywhere in finance