From the course: Finance for Non-Financial Managers (2015)

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The purpose of finance

The purpose of finance

From the course: Finance for Non-Financial Managers (2015)

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The purpose of finance

- It turns out that numbers are everywhere. You might say that you aren't a numbers person, but that statement does not make numbers go away. Whether you are in marketing, HR, supply chain or strategy, numbers are a key element of all discussions relating to productivity and performance. People who understand the numbers and appreciate how they are used within an organization have a leg up on those who just dismiss numbers as not being important or understandable. Our objective with this course is to help you understand the two most common areas involving numbers within a company, accounting and finance. You will find that the numbers are just a way to quantify your intuition. Numbers help us to be systematic in our analysis. Numbers impose a discipline on us that helps us to consider and quantify all factors relevant to a decision. The numbers assist us with our decision making. It is important to always remember that we…

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