As a manager, explain the importance of understanding the controllable and uncontrollable financial affects on a business environment. What can you do to limit these financial constraints? What are some of the high cost items from a human resources perspective and how can you control those?

As a manager, explain the importance of understanding the controllable and uncontrollable financial affects on a business environment. What can you do to limit these financial constraints? What are some of the high cost items from a human resources perspective and how can you control those?