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Financial literacy is all about understanding your business’ finances. It entails having sound knowledge of financial terminologies, theories, concepts, practices, and statements — in other words, a financial education. Business acumen requires careful cultivation of resources, specifically one of the most important resources, employees. Managing people is a complex process, but developing your management skills will help you become an effective manager who achieves significant results. You will be taught to understand the information’s of the company finances and understand the income statement reports.
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