for the Success of a Business Enterprise In this age of globalization and fierce competitions, the importance of financial management in operating a business establishment has increased many folds. The role of financial management has evolved beyond managing the day-to-day business to encompass strategic planning. A growing, successful business needs to recognize the importance of financial management and its contribution to achieving business goals (“Financial management and business success – a guide for entrepreneurs” 3). It embraces diverse functions from effective administration and compliance, managing cash flow, and tracking and measuring performances to developing plans that help senior management to ...
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Let’s analyze the positions held among Group 1 arguments and Group 2 arguments using the Toulmin methodology.
Group 1: The Halifax Convention Centre Developer should be responsible for businesses losses of neighboring businesses. Group 1 begins its argument with a good introduction of the subject at hand. According to Toulmin’s methodology, an introduction to the subject provides a good hook to the reader – as to the content of the argument and enhances interest levels for further introspection. The introduction gives a good overview and context as to the reasons for developing the new Halifax Convention Centre.
Group 2: The Halifax Convention Centre Developer should NOT be responsible for businesses losses of neighboring businesses.
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