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decision-making principles

This essay focuses on decision-making principles. Develop a response that includes examples and evidence. To support your ideas, and which clearly communicates the required message to your audience.

decision-making principles

You have one semester left to graduate and you have the finances to do a maximum of four courses. Three of the courses are required courses. The last course slot belongs to an elective. You have narrowed down your choices to three electives. All of which are very popular and very useful courses that you are very interested in. Decide on the course you want to take. Then using at least two economic decision-making principles. Explain why you are making this choice. Develop a response that includes examples and evidence to support. Your ideas, and which clearly communicates the required message to your audience. Organize your response in a clear and logical manner as appropriate for the genre of writing.

Use well-structured sentences, audience-appropriate language, and correct conventions of standard American English.

Managing finances can be a challenge for any small business owner. Often, the reason your small business is successful is because of the skills you bring. To making your product or providing your service. If you don’t have a lot of experience with managing business finances. It can feel like a chore and you could be  financial habits that could one day harm your business.

The most important step for any business owner is to educate themselves.

By understanding the basic skills needed to run a small business – like doing simple accounting tasks. Applying for a loan or drafting financial statements – business owners can create a stable financial future and avoid failure. In addition to education, staying organized is a major component of sound money management.

“There is nothing more terrifying, costly or risky than showing up at your accountant’s office. At the end of the year with a shoe box of receipts and nine of your last 12 bank statements,” said.  Ryan Watson, co-founder and principal of Upsource Accounting. “It is impossible to overstate the importance and benefit of properly tracking your financial information throughout the year.”

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