Sunday, March 4, 2007

Question 2.

Does the risk level of a leader come into play when making such financial decisions? How so?

Any corporate has limited resources and it’s the responsibility of the managing team to allocate those scare resources in a responsible way. They have to be accountable for in making the best decision at the time for the allocation of funds. Either they can make mistakes, not have a contingency plan or external forces might change the whole landscape. In any of those they are accountable because they are in charge and stakeholders are counting on their intellectual and knowledge to make the right decision.

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