Wednesday, June 19, 2019

Malcolm Glazer's Acquisition Of Manchester United Case Study

Malcolm Glazers Acquisition Of Manchester United - Case Study ExampleAs we know that the finance department plays a vital role in all(prenominal) organization and plugs that the organization has enough resources and liquidity to meet its legal obligations as well as facilitate its shareholders. The primary goal of the finance manager is to ensure that his company has adequate supply of capital and sufficient statutory reserves. The ultimate goal of every organization is the same to increase the surplus. But the fountainhead is how the finance manager becomes the part of the success story and how they can maximize the value of their organizationThe financial manager or the chief financial ships officer (CFO) is responsible for financing the enterprise and acts as an intermediary between the financial systems institution and markets. While on the other hand, the business manager is responsible for a different kind of practice like investing in plants and equipments, undertake rese arch, hire staff and sell the firms product. Major financial decisions made by the managers of a business are either investment decisions or financing decisions. In investment decisions, managers consider the amount invested in the assets of the business and the composition of that investment. Investment in assets are more beneficial because it produces cash flows for the entity that are needed to meet the operating expenses, pay interest to lenders and taxes to government. In addition to the amount and composition of investment, managers stool to decide how to finance them it pertains to the financing decision which involves generating funds internally or from sources external to the business. Dividend decisions also affect the financing decisions (Bossaerts, 2006).Successful companies have skilled muckle at all levels inside the company, including (1) leaders who develop and articulate sound strategic visions (2) managers who make value-adding decisions, design efficient busines s processes, and train and motivate work forces and (3) a capable work force willing to implement the companys strategies and tactics. Before going

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