Financial management – challenges ethics
Two of the biggest challenges facing financial managers today are:
-Managing risk in a volatile economic environment: Financial managers must continually assess and monitor the risks associated with their investments in order to ensure that their organization is protected from potential losses. This becomes even more important when the markets are unstable or unpredictable, as it can be difficult to anticipate how certain investments might behave over time.
-Balancing short term goals with long term strategies: As companies look to maximize profits in the short term, they often sacrifice long-term objectives such as investing in research & development or expanding into new markets. Financial managers need to find ways to balance these goals while still producing positive returns for shareholders.