1. April Mcintire Tuesday Nov 5 at 8:02am Manage Discussion Entry Corporate managers have a responsibility to act in the best interest of the company over the long term.  One of the characteristics of a corporation is that its existence is not tied to a specific owner or partner and it should continue to operate past any one manager or CEO.  A corporation’s current stock value can fluctuate a great deal from day to day for a number of reasons.  News reports related to political issues, actions by foreign governments, sales forecasts, and predictions of production costs or prices can all have a significant effect on the current stock price of a company.  The stock price may not be an accurate representation of the company’s long term profitability or actual performance.    A large component of the market value is analysts’ expectations of the company’s cash flows and performance, not necessarily the actual performance.  Manager’s primary focus should be on creating and maximizing wealth for the shareholders of the corporation (Byrd, Hickman, McPerson, 2013).  Their goal should be creating that wealth in the long term with real revenues and profits, not attempting to reach a short term stock price.  A focus on the short term and stock prices can lead to unethical business decisions and a distorted account of the company’s performance.  An emphasis on the market price can decrease shareholder value, create misguided incentives for managers, and generate dishonesty in executives (Denning, 2011).  A strategy that emphasizes long term profitability and growth is in the best interest of shareholders, executives, and customers. References Byrd, J., Hickman, K., & McPherson, M. (2013). Managerial finance [Electronic version]. Retrieved from       https://content.ashford.edu/ (Links to an external site.) Denning, S. (2011, Nov.). The dumbest idea in the world: maximizing shareholder value. Forbes. Retrieved from       https://www.forbes.com/sites/stevedenning/2011/11/28/maximizing-shareholder-value-the-dumbest- (Links to an external site.)       idea-in-the-world/#cefda8d22870 2. Cynthia Lee This is an interesting discussion post for me. In a hospital setting, long term goals are so vital to sustainability, as billing for procedures and reimbursement take a few months to get on the books. So for my current state, I would say short term profit are important to keep at the forefront, but to not get discouraged if the value drops for a timeframe as you can forecast what should be coming in. Personally it seems that the short term feeds into the success of the long term. Short term goals allow me to adjust quicker in order to help save the bottom line of a long term goal. Our organization is switching from a normal budget to a real time financial planning. This is in hopes to make decisions that affect the now, in a timely fashion, before it negatively affects the long term goals. This is our first quarter of such a program, so we shall see how this new st ...

1. 1.
April Mcintire
Tuesday Nov 5 at 8:02am
Manage Discussion Entry
Corporate managers have a responsibility to act in the best
interest of the company over the long term. One of the
characteristics of a corporation is that its existence is not tied to
a specific owner or partner and it should continue to operate
past any one manager or CEO. A corporation’s current stock
value can fluctuate a great deal from day to day for a number of
reasons. News reports related to political issues, actions by
foreign governments, sales forecasts, and predictions of
production costs or prices can all have a significant effect on
the current stock price of a company. The stock price may not
be an accurate representation of the company’s long term
profitability or actual performance. A large component of the
market value is analysts’ expectations of the company’s cash
flows and performance, not necessarily the actual performance.
Manager’s primary focus should be on creating and maximizing
wealth for the shareholders of the corporation (Byrd, Hickman,
McPerson, 2013). Their goal should be creating that wealth in
the long term with real revenues and profits, not attempting to
reach a short term stock price. A focus on the short term and
stock prices can lead to unethical business decisions and a
distorted account of the company’s performance. An emphasis
on the market price can decrease shareholder value, create
misguided incentives for managers, and generate dishonesty in
executives (Denning, 2011). A strategy that emphasizes long
term profitability and growth is in the best interest of
shareholders, executives, and customers.
References
Byrd, J., Hickman, K., & McPherson, M. (2013). Managerial
finance [Electronic version]. Retrieved from
https://content.ashford.edu/ (Links to an external site.)

2. Denning, S. (2011, Nov.). The dumbest idea in the world:
maximizing shareholder value. Forbes. Retrieved from
https://www.forbes.com/sites/stevedenning/2011/11/28/maximiz
ing-shareholder-value-the-dumbest- (Links to an external site.)
idea-in-the-world/#cefda8d22870
2. Cynthia Lee
This is an interesting discussion post for me. In a hospital
setting, long term goals are so vital to sustainability, as billing
for procedures and reimbursement take a few months to get on
the books. So for my current state, I would say short term profit
are important to keep at the forefront, but to not get discouraged
if the value drops for a timeframe as you can forecast what
should be coming in. Personally it seems that the short term
feeds into the success of the long term. Short term goals allow
me to adjust quicker in order to help save the bottom line of a
long term goal. Our organization is switching from a normal
budget to a real time financial planning. This is in hopes to
make decisions that affect the now, in a timely fashion, before it
negatively affects the long term goals. This is our first quarter
of such a program, so we shall see how this new strategy works.
In focusing on the financial balance sheet from the text,
when a manager focuses on the short term profits the
sustainability of that decision is sometimes questionable. If I
look at quarter one for the hospital, we did earn money and are
in the black. But if I stop to look at quarter three, we were in
the red, so in reality we just financially balanced out. While
numbers were drastically different in the third quarter, we have
seen a rise in the fourth quarter because of trends with
insurance and deductibles. Historically, q 2 and 3 are slower,
while q 1 and q4 help make up the difference. Just because the
first quarter was successful, we have to take the monies earned
and sustain the business through the slow quarters that we know
are coming. If a manager only looks at the short term, they lose
the potential vision of a slower next season for a business.
Trends, data, metrics and history are valuable players when

3. looking to the long term. Find the middle line, celebrate the
positive returns, and learn what was successful about that time
period so we can duplicate it. Finances are never stagnant and
constantly fluid. There is a lot of value in learning trends.
Byrd, J., Hickman, K., & McPherson, M. (2013). Managerial
finance [Electronic version]. Retrieved from
https://content.ashford.edu/
3.Malek Qandil
Nov 4, 2019Nov 4 at 10:14am
Manage Discussion Entry
Management plays a major role in the finance department.
Without them, the circle would not be completed. "Managers, as
insiders, have a pretty clear view of both the RHS and the LHS
of the financial balance sheet." (Byrd, 2013, 1.5). A manager
has to understand every aspect of the business especially in
finance. The organization has to rely on the managers to run
the business and make the difficult decisions, for example when
making a choice whether the organization should invest in
something or it should not. The financial balance sheet is best
for helping understand where the organizations cash flows are
and the current value of investments in the LHS of the balance
sheet. Also, it helps because it is somewhat similar to the
accounting balance sheets, so they can work together on some
things. If management does not fulfill the responsibilities there
are a few things that could happen. Investments could go wrong
and money would be misplaced. Money could be stolen from the
organization without anybody noticing. The debt on the
organization could be increased due to them making silly
mistakes. I have watched organizations fail due to the finical
mistakes that they made. Like Yahoo never investing and
buying Google. Since they did not buy google they have grown
into becoming a huge organization and then Google tried to buy

4. Yahoo.
Byrd, J., Hickman, K., & McPherson, M. (2013). Managerial
finance [Electronic version]. Retrieved from
https://content.ashford.edu/
Deborah Devault4. Deborah Devault
ThursdayNov 7 at 8:47am
Manage Discussion Entry
“Corporate finance is, in large part, the study of the interaction
between products, stocks, bonds, and the people who make
decisions affecting them” (Byrd, 2013). Finance incorporates
the study of investors, managers, corporate directors,
consumers, and corporate employees where financial managers
are involved in planning, forecasting, analysis, and evaluation,
as well as understanding legal and regulatory issues (Byrd,
2013). The various aspects of finance that management must
understand are cash flow, time, risk, and opportunity costs.
Liquidity relates to how quickly a security can be sold without
taking a substantial loss. Liquidity is vital to a finance manager
because it helps you determine the amount of cash you have
available. Competitiveness is the concept that a company needs
to win/lose a situation or that a company needs to outperform
others in a particular area, which results in comparative
advantage. Financial efficiency is defined as how well the
dollars invested in each alternative produce revenues to the
agency.
The financial balance sheet (FBS is a deviation of the balance
sheet that accountants use, but “it is useful for visualizing the
financial functions of the firm and its objectives” (Byrd, 2013).
The financial balance sheet lists the investments that are made
by the firm and its sources of cash.
If management doesn’t fulfill its responsibilities related to
finance, the company could run themselves out of business. By
not having a solid financial balance sheet, a company will not
be able to sell off investments to satisfy a debt. You see this

5. frequently with a smaller business that starts off with limited
finances, and if the market is not as anticipated, they are unable
to pay the expenses.
Texas Government Research Paper Guidelines
DETAILS: Cover page, 3 pages of writing, plus 1 page with a
visual image, plus Works Cited page
APA Formatting, using 4 reliable sources
Double-spaced, 1 inch margins
NY Times or Calibri Font, Size 12
OBJECTIVES:
· This assignment will engage you inCritical Thinkingby
requiring you to explain your thought process, reasoning, and
research when selecting a topic and asserting a position.
· You will demonstrate a mastery of WrittenCommunication
skills by authoring an academic position paper comprised of
reliable sources and evidence. Your final paper will be free of
mechanical and technical errors and demonstrate careful
revision. Your final paper will demonstrate mastery of APA
Formatting.
· You will demonstrate your mastery of Personal Responsibility
as this assignment will require you to establish a position on a
specific issue and explore the ethical issues, while supporting
your stance with facts.
· You will demonstrate Social Responsibility as this assignment
will require that you consider cultural competency when
establishing and arguing for a position. You will demonstrate or
suggest the best way to engage your community and others.
· You will demonstrate a mastery of Visual Communicationby
using an image, graph, photograph, political cartoon or collage
to frame and describe your topic in a visual way.
TOPIC OPTION 1:

6. Topic Ideas: You may select a topic not listed and submit it for
approval. Your topic must be approved before you begin your
paper process. Some topic ideas include:
Immigration and Texas
Gun Rights in Texas
LGTBQ+ Rights in Texas
DACA and Texas
Gun Control in Texas
Voting Rights in Texas
Sanctuary Cities and Texas
Education Funding in Texas
Voter Suppression in Texas
Economic Policy in Texas
Texas and the environment
The Quest for Equality
Trade and Texas
Census and Texas
Gerrymandering in Texas
Death Penalty in Texas
Abortion Rights in Texas
Voter ID laws in Texas
Education Policy in Texas
Taxation in Texas
Texas Supreme Court case
Marijuana Legalization
Border Security in Texas
Local elections in Texas
Criminal Justice in Texas
Public Health in Texas
Any Texas State Agency
Paper Content:
Each paper topic will create a unique paper. Below are

7. examples of the substantive issues that need to be addressed.
These discussion points are designed to give your paper
direction.
· Clearly define the conflict or debate.
· Explain how the government is involved.
· Explain the constitutional authority for the government's
involvement
· Address why the issue is of social importance.
· Address the consequences of government action or government
inaction.
· State and defend your opinion.
· Explain your solution to address the issue or conflict.
TOPIC OPTION 2:
Pick a position in the Texas States Government and write a
paper on that position. (Governor, Lt. Governor, State Senator,
State Representative or any other position).
Paper Content:
In your paper you should:
· Describe the role, explain what does this person does and the
sources of this person’s power (i.e. Constitution or another law
or bill)
· Who does this person share power with, who does this person
report to?
· Who provides a “check and balance” on this position?
· Explain how the role is filled (i.e. appointed or elected and the
process).
· Who is the current person in this position and provide
background information about this person and major
goals/initiatives this individual has in this position?
· Is this person affiliated with a political party? What role does
that play in this position (i.e. with election or appointment, with
how this person carries out their duties, with decisions the

8. person makes, with accountability)?
· What are the major issues confronting the person in this
position currently?
· What is your opinion of this person and why?
· Based on your research, what are the major impacts in history
of this position?
PAPER WRITING PROCESS:
Step 1: Select a Topic
Select your topic and submit it for approval.
Step 2: Paper Research (15 points)
Find and read articles about your topic. Read at least 5 articles.
Use the library database to help you find reliable sources.
Discuss the sources with your professor or a librarian to
confirm that you are using reliable sources. Wikipedia is not an
acceptable source.
Submit these sources in APA Format on the due date.
Step 3: Paper Outline (15 points)
Prepare an outline of your paper. Decide what points you want
to make. Decide how your argument will be organized. A well-
developed outline makes the writing process much easier.
Submit your Outline on the due date.
Step 4: Paper Draft (50 points)
Begin writing your paper. Develop your arguments. Write a first
draft of your paper. Put in your sources and draft your Works
Cited page. Select your visual image to include with the paper.
Submit your Paper Draft on the due date.
Step 5: Final Research Paper (100 points)
Write and rewrite your paper. Revise and edit. Correct grammar
and punctuation. Expand your arguments.
Submit your Final Research Paper on the due date.