Write a critical evaluation of your learning outcome. In your response, consider:
1. Consider the content of this class as they relate to financial acuity and managerial decision making.
2. Base on the course content, discuss the new skills you acquired from this class?
3. How would you apply your new knowledge of your current and/or future profession?
Post your original discussion no later than Friday, 28. Read and respond to at least 3 of your classmates’ posts.
Student Responses :
Student Response 1(Debotta Ganesh) :
Managerial decision-making and financial acumen are quintessential for a business to be profitable. The course content exposes the students to the criticality of these factors in the financial decisions taken by the management of a company (Wasniewski N., n.d.)
This course has helped me enormously in the development of my financial acumen and has enabled me to understand basic financial metrics and contribute to the important managerial decisions. Some of the important concepts that I have imbibed are IRR, NPV, TVM, etc. that make it easier to arrive at solutions for practical business problems. One of the important aspects of the course is that it helps the learner to acquire a basic understanding of the roles and the basic objectives of financial management. The course has given me the exposure to how complex decisions can be when selecting projects for different investment opportunities. It is imperative that one has a good grasp of the capital budgeting techniques in such situations. Another crucial aspect of financial analysis is to gain a strong understanding of the various techniques of effective working capital like inventory management, payable, accounts receivable and the problems given in the course are sufficient to acquire these skills.
The students are given ample opportunities to groom their managerial decision-making skills through the problems given to them to solve. These problems have enabled me to dive into the challenges of the financial management world and have helped shape up my ability to make effective managerial decisions. I will apply the skills that I have acquired during the managerial finance course at work and contribute better to the crucial investment decisions made by the management. I will also caution the management in not being hasty in making these decisions as any wrong decision can greatly impact the ability of the company to achieve the goals set by it.
Reference:
Wasniewski, N. (n.d.). What Is Business Acumen and Why It's Important For Leaders. Retrieved from
https://blog.insight-experience.com/blog/business-acumen-important-aspiring-leaders/
Student response 2 (Hyndavai Mandava) :
Relation to Financial Acuity and Managerial Decision Making
In order to differentiate the financial and managerial decision making in the organization considered to be primary things. As per financial accounting, it has been consists of the branch of accounting the purpose of wh.
TataKelola dan KamSiber Kecerdasan Buatan v022.pdf
Write a critical evaluation of your learning outcome. In your re.docx
1. Write a critical evaluation of your learning outcome. In your
response, consider:
1. Consider the content of this class as they relate to financial
acuity and managerial decision making.
2. Base on the course content, discuss the new skills you
acquired from this class?
3. How would you apply your new knowledge of your current
and/or future profession?
Post your original discussion no later than Friday, 28. Read and
respond to at least 3 of your classmates’ posts.
Student Responses :
Student Response 1(Debotta Ganesh) :
Managerial decision-making and financial acumen are
quintessential for a business to be profitable. The course
content exposes the students to the criticality of these factors in
the financial decisions taken by the management of a company
(Wasniewski N., n.d.)
This course has helped me enormously in the development of
my financial acumen and has enabled me to understand basic
financial metrics and contribute to the important managerial
2. decisions. Some of the important concepts that I have imbibed
are IRR, NPV, TVM, etc. that make it easier to arrive at
solutions for practical business problems. One of the important
aspects of the course is that it helps the learner to acquire a
basic understanding of the roles and the basic objectives of
financial management. The course has given me the exposure to
how complex decisions can be when selecting projects for
different investment opportunities. It is imperative that one has
a good grasp of the capital budgeting techniques in such
situations. Another crucial aspect of financial analysis is to gain
a strong understanding of the various techniques of effective
working capital like inventory management, payable, accounts
receivable and the problems given in the course are sufficient to
acquire these skills.
The students are given ample opportunities to groom their
managerial decision-making skills through the problems given
to them to solve. These problems have enabled me to dive into
the challenges of the financial management world and have
helped shape up my ability to make effective managerial
decisions. I will apply the skills that I have acquired during the
managerial finance course at work and contribute better to the
crucial investment decisions made by the management. I will
also caution the management in not being hasty in making these
decisions as any wrong decision can greatly impact the ability
of the company to achieve the goals set by it.
Reference:
Wasniewski, N. (n.d.). What Is Business Acumen and Why It's
Important For Leaders. Retrieved from
https://blog.insight-experience.com/blog/business-acumen-
important-aspiring-leaders/
Student response 2 (Hyndavai Mandava) :
3. Relation to Financial Acuity and Managerial Decision Making
In order to differentiate the financial and managerial decision
making in the organization considered to be primary things. As
per financial accounting, it has been consists of the branch of
accounting the purpose of which is to record. Most probably, it
has been come up with reports that are relevant for managers to
make decisions regarding various aspects of the business. In
order to classify and summaries financial transactions in a
business and report them to the stakeholders. The end result of
financial acuity is the financial statements that give the
stakeholders of the business an Idea on the financial
performance of the business for a given period (Muchiri, 2019).
In this, the management has been takes the decisions that has
been considered with the purpose of which is to collect compile
and analyze information. The end results of management
accounting are reports like budgets, cost cards, and variance
analysis reports. Based on the users of financial accounting are
external mostly shareholders, financial providers, and suppliers.
Here, the users of management accounting are internal and they
are managers at different levels including directors of master
budgeting. The financial acuity statements are the end results of
financial accounting have to follow accounting standards and
national legislation (Nayani, 2018).
The management has the data are compiled for planning and a
decision-making purpose which makes it focus forward towards
the future. If it was applicable in reporting which requires them
to be reported in a specific format with several other conditions
to be followed. This is not applicable in management accounting
reports as they are internal and what matters is that the end-
4. user. In order to understand the report has been existing for
different businesses to follow a different style of reports and
analysis. Financial acuity has been compiling and reports
historic data and therefore the focus is backward to the past.
Hence, the output of financial acuity is financial statements of
which prominent one is the statement of financial position,
income statement, and cash flow statement (Perkins, 2013).
References
Muchiri, M. K., McMurray, A. J., Nkhoma, M., & Pham, H. C.
(2019). How Transformational and Empowering Leader
Behaviors Enhance Workplace Safety: A Review and Research
Agenda. Journal of Developing Areas, 53(1), 257–265.
https://doi.org/10.1353/jda.2019.0015
Nayani, R. J., Nielsen, K., Daniels, K., Donaldson-Feilder, E.
J., & Lewis, R. C. (2018). Out of sight and out of mind? A
literature review of occupational safety and health leadership
and management of distributed workers. Work & Stress, 32(2),
124–146.
https://doi.org/10.1080/02678373.2017.1390797
Perkins, D., & Daly, M. (2013). What is the evidence for
clinical placements in underserved areas? Medical Education,
47(10), 958–960.
https://doi.org/10.1111/medu.12271
Response 3 (Rajesh Teja Gudipudi ) :
5. Learned content from this Course
The content of this course well clarifies and investigates about
the wellsprings of Financial sharpness and expenses of capital,
charge methodologies, budgetary and capital structure, capital
planning, valuation, portfolio examination, profit strategy,
proportion investigation, inward pace of return, and cost volume
benefit investigation.
New Skills Acquired
The new skills I have acquired are Interpret monetary
information from different sources including budgetary trades,
money related firms, and individual organizations. Use
monetary investigation systems to assess organization (Johnson
and Johnson) execution. Apply present worth and future worth
systems to take care of handy business issues. Comprehend and
clarify how fixed-pay protections qualities influence the
financing techniques chose by organizations and which key
variables impact the market cost of these protections. Apply
capital planning procedures in assessing and choosing
speculation openings ordinarily experienced in industry. Apply
a comprehension of the association's expense of cash-flow to
contributing and money related choices.
Application of New Knowledge
This course has helped me to comprehend and execute Cash
Budget in Working Capital Management to ensure the
organization has adequate money to show the everyday
activities to estimating the costs. Money Budgeting assists with
arranging and suggest the yearly agreements that are finished
6. with outside sellers so as to ensure association has enough
money and doesn't squander any sum from its spending
assignment. Weighted Average Cost of Capital (WACC)
Knowledge gave me advantage in dynamic as it is
straightforward and simple and relies upon wellspring of
Income and to decide the idea of Risk. Capital Budgeting idea
has helped me to figure out what the proof that are to be
significantly considered while taking a Financial choice.