FIN 370 Version 7 Week 2 DQs and Summary

This document of FIN 370 Version 7 Week 2 Discussion Questions and Summary includes answers to the next points:

DQ 1: How do you define strategic planning? What are some differences between strategic and financial planning? What financial problems might an organization encounter when implementing a strategic plan?

DQ 2: How do you explain the use of time value of money (TVM) in business? What considerations are made when calculating TVM? How may you use TVM to create your own, or someone else’s, retirement plan?

Summary