Business Value Chain: Budgeting, Financial Management, and Securities Markets - Prof. Hugh, Study notes of Introduction to Business Management

Download Business Value Chain: Budgeting, Financial Management, and Securities Markets - Prof. Hugh and more Study notes Introduction to Business Management in PDF only on Docsity! Introduction to the Business Value Chain BMGT 110F 9 – Finance Financial Managers • Manage capital sources and uses – Debt and equity financing – Cash, capital and operating budgets – Taxation • Manage financial condition of the firm – Financial reports and ratios Hugh Turner, © 2013, All Rights Reserved 2 For Discussion Risk vs Reward • What type of investment would you recommend to an elderly person living on a pension with a modest amount of savings? Why? • Would this recommendation be different for a young employed person wisely putting aside money from every paycheck? Hugh Turner, © 2013, All Rights Reserved 5 Securities Markets • Primary markets – Firm selling issues to buyers – Initial public offerings (IPOs) – Treasury stock – Investment banks facilitate • Secondary markets – Owners selling to buyers – Firm buying back stock • Securities and Exchange Commisson Hugh Turner, © 2013, All Rights Reserved 6 Securities Markets • Organized markets – New York Stock Exchange (NYSE) – American Stock Exchange (AMEX) – Nasdaq – International markets Hugh Turner, © 2013, All Rights Reserved 7 Other Investment Terms • Bulls and Bears • Junk Bonds • Margin • Diversification • Mutual Fund and ETFs Hugh Turner, © 2013, All Rights Reserved 10 Copyright Hugh Turner, © 2013, All Rights Reserved 11 My lectures and course materials, including PowerPoint presentations, audio, video, tests, outlines, and other materials, are protected by copyright. You may take notes and make copies of course materials for your own use. You may not and may not allow others to reproduce or distribute lecture notes or any other course materials publicly, whether or not a fee is charged, without my express written consent.