Hi Class:

Please review the Class Presentation for this week and briefly discuss what you are hearing/seeing in Business Finance News and address the questions below. 

Finance is the heart and soul of any enterprise. It plays a vital role right from the establishment of a business to play an important role in driving its growth. Business finance refers to funds availed by business owners to meet their needs that may include commencing a business, obtaining top-up funds to finance business operations, obtaining finance to purchase capital assets for the business or to deal with a sudden cash crunch faced by the business. 

Briefly discuss what you are you hearing/seeing in Business Finance News addressing the questions below.

1. Look at Business Finance news (any viable source such as CNBC, CNN, Fox News, Bloomberg, Forbes)
2. Include a brief discussion of the following.

1. Business Name: Why did you choose this business? (5 sentences min)
2. CEO or CFO Name
3. What does the company do? (5 sentences min)
4. Company Profits (last year or what you can locate)
5. Locate at least 1 key driver to this company’s profit and discuss. Are profits due to the sale of a popular product(s)? Low labor costs? Business strategy? Effective marketing? Please Note: If you discover this company is not profitable, please explain why.  (5 sentences min)
6. As the CEO or CFO, what would you do to ensure the company remains profitable? Hint: Research the strategy that either the CEO or CFO have supported in their positions. Would you do anything different? Please Note: There is NO wrong answer here. This exercise is meant to have you look through the eyes of a CEO or CFO and understand the realities of business finance strategy. (3-5 sentences min)
7. What is the current Net Worth of this business? Has it increased or decreased since 2020?  (3-5 sentences min)

There are NO restrictions on the kind of business you can address with these questions. It can range from Entertainment, Medical, Banking, Real Estate or Automotive. All I ask is that you use a viable/trustworthy  news resources such as MSNBC, CNN or Fox News (for example).

The purpose behind this exercise is to begin to open your eyes to the kinds of businesses that are out there and gain a better understanding of them. Also, if you have an idea of the kind of industry you would like to work in, please use this weekly exercise to investigate companies you would be interested working with. By doing research on a company prior to interviewing with them may be a crucial component to helping you find or even land the job you want.  

In order to receive full credit please also respond to at least 2 of your peer’s posts . When responding, please include what you liked or found interesting about the peer’s post. Please be respectful of others views and/or opinions.