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Chapter 1




                           Assessing the impact of the financial

                           manager’s decisions



                              4.1   Introduction

                             You may be asked in the exam to assess the likely impact of a financial
                             manager's decisions.

                             Using the following headings gives a good structure to your answer,
                             and ensures that you cover a broad range of issues:

                                  financial impact

                                  strategic impact


                                  regulatory impact

                                  ethical impact

                                  environmental impact.






































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