You have already had one of your dreams come true—you are in college. It is indeed a rare privilege because far less than 1 percent of traditional college-age people around the world get to attend college. You’re lucky! So make…
There is a natural conflict between planning and being impulsive, between pursuing a long-range goal and doing what you feel like doing right now. If you have ever had to study while the rest of the family was watching television,…
A degree in business is going to offer you many great career opportunities. Once you take your first job, how rapidly you move up the ladder is up to you. People with great interpersonal skills will always do better on…
You might want to pursue a career as a physician, florist, game warden, systems analyst, or any of a thousand other opportunities. One thing that all careers have in common is that you need to have a basic understanding of…
Exhibit 17.1 (Credit: public Information Office / flickr / Attribution 2.0 Generic (CC BY 2.0)) Introduction Learning Outcomes After reading this chapter, you should be able to answer these questions: You Are a Winner Because You Elected to Go to College! Never…
Blue Apron IPO Leaves a Bad Taste Founded in 2012, Blue Apron is one of the top meal-kit delivery services doing business in the United States. Started by three cofounders—Matt Salzberg, Matt Wadiak, and Ilia Pappas—Blue Apron provides preportioned ingredients…
In late July 2017, senior management at Equifax, a U.S. credit-reporting company, discovered that hackers had stolen the personal data of more than 145 million U.S. customers, including names, birthdates, Social Security numbers, and driver’s license information. In addition, the…
16.1 The Role of Finance and the Financial Manager Finance involves managing the firm’s money. The financial manager must decide how much money is needed and when, how best to use the available funds, and how to get the required financing.…
accounts payablePurchases for which a buyer has not yet paid the seller. accounts receivableSales for which a firm has not yet been paid. bond ratingsLetter grades assigned to bond issues to indicate their quality or level of risk; assigned by…