management in finance corporation 200 word response

Examine the role of management as it relates to finance in a
corporation.  In your post, discuss the role of management by addressing
the following prompts:
Explain the various aspects of finance that management must understand.  Describe why a manager needs to understand the characteristics
and importance of financial markets including their liquidity,
competitiveness, and efficiency. Interpret the function of the Financial Balance Sheet in assisting in management’s decision making process. Discuss what could happen if management does not fulfill
responsibilities related to finance.  Share a real world example from
your own professional experience or from an external source.
Your post should be 200-250 words in length.