Read Proverbs 22: 7
Multinational organizations create wealth for their stockholders and investors. When a multinational organization creates wealth, it should be shared by all individuals with whom they are associated, both within and outside of the organization. Unfortunately, multinational organizations that have wealth can rule and corrupt foreign governments along with other organizations. They also use their wealth as leverage to control governments, employees, and product pricing. As seen in previous discussions, this leverage can be used for good or bad. Cash management is a way for the company to enhance their financial leverage.
Financial managers plant the seed of creating wealth through cash management and short-term financing for individuals and foreign governments. Multinational organizations create this wealth because they know how to manage their short-term debt and cash. Multinational organizations have worked hard to achieve their business objectives. Wealth can influence others to do the same. This influence can lead to greater influence over many organizations and governments.
Address the following:
- What are the dangers and evils of living on borrowed money?
How should multinational organizations use industry, sacrifice, and saving to purchase what they want?
Comments are closed