Objective: Analyze and apply the use of financial statement data to inform organizational goals, planning and short- and long-term decision-making.
Introduction: Change is inevitable in business. Change is a driver for and a result of a variety of business activities such as strategic planning, decisions about offering specific products/services, outsourcing and investments in various resources. Behind every business activity is some form of financial analysis. Thus, it is imperative, as a business professional, to have knowledge of key concepts in financial planning and decision-making. This essay will give you the opportunity to apply the use of financial statement data to inform organizational goals, planning, and short- and long-term decision making.
Deliverables: The essay for this lesson is required to be a minimum of 750 words that clearly demonstrate your understanding of the activity. Essays should have a clear introduction, thesis statement and conclusion, written in APA format (APAstyle.org). A minimum of three sources must be cited in-text and in the Reference list.
Step 1: Read the following scenario and questions, then use what you have learned about this lesson’s objective to summarize your responses.
Step 2: Write a paper.
Step 3: Review the writing guidelines.
Use these writing guidelines: