Finance 200 words needed

Examine the role of management as it relates to finance in a corporation.  In your post, discuss the role of management by addressing the following prompts:

· Explain the various aspects of finance that management must understand. 

· Describe why a manager needs to understand the characteristics and importance of financial markets including their liquidity, competitiveness, and efficiency.

· Interpret the function of the Financial Balance Sheet in assisting in management’s decision making process.

· Discuss what could happen if management does not fulfill responsibilities related to finance.  Share a real world example from your own professional experience or from an external source.

Your post should be 200-250 words in length.