1. Week Two DQ1
How do you define strategic planning? What are some differences between strategic and financial planning? What financial problems might an organization encounter when implementing a strategic plan?
2. Week Two DQ2
What information is needed to prepare a cash budget? What is the relationship between an operating and a cash budget? Why is it important for an organization to prepare a cash budget?
3. Week Two DQ3
What is the break-even point? What decisions does the break-even point help an organization make? What actions might an underperforming organization take to reach the break-even point?
4. Week Two DQ4
How do you explain the use of time value of money (TVM) in business? What considerations are made when calculating TVM? How may you use TVM to create your own, or someone else’s, retirement plan?
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