How finance plays a crucial role in business decision making


Problem:

I agree with the idea that finance plays a crucial role in business decision making. Financial information like revenue, profits, and cash flow can help business leaders in assessing their company's overall financial health. It enables them to make informed decisions about investments, expresses, and other critical business operations. Moreover, financial facts might enhance judgement as they provide an objective and quantifiable assessment of the business's performance, which can help leaders in making better plans and strategies. Therefore, finance and financial analyses have an integral role to play in decision making and can significantly enhance its quality. I also like your hypothetical scenario, having all the information like cost, revenue, expected sales, and return on investment is very valuable information when investing.

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