MGIS 317 Lecture Notes - Working Capital, Current Liability, Global Marketing

• School: University of Calgary
• Department: Management Information Systems
• Course: MGIS 317
• Professor: Ronald Schlenker

Document Summary

No business activity can take place without some finance- or the means of purchasing the materials and assets needed before the production of a good or provision of a service can take place. Finance decisions are some of the most important that managers have to take. The range and choice of finance sources are extensive and skilled managers will be able to match accurately the need of their business for particular types of finance with the sources available. Finance is required for many business activities, like for example: For the day to day finance- for bills and expenses. Finance is needed to buy out the owners of the other firm. Special cases- more finance is needed in the recession mode. Research and development into new products or to invest in new marketing strategies- global marketing. Start-up capital- capital needed by an entrepreneur to set up a business.