LEARN MORE...

A short essay on Financial Management

Content type

User Generated

Subject

Marketing

Type

Study Guide

Uploaded By

wvtnetngv

Pages

2

Showing Page:

1/2

Financial Management can be explained as:

The management of the nancial situaon of a business or organizaon to have nancial

objecves

Having a protable business as the utmost common group structure, the important thing

objecves of economic management will be to:

• Build a fortune for the company

• Generate money, as well as

• O#er an adequate ROI allowing for the potenal risks that the company is taking and also the

resources spent

There are 3 key elements towards the procedure of nancial administraon:

(1) Financial Planning

The Management must make sure that su*cient funding is available in right me to sasfy the

needs of business. For the short term, nancing may be required to invest in gear and stocks,

spend employees and fund product sales made on the credit.

Within the medium and long-term, funding might be required for substanal addions to the

e#ecve capacity of the company or to make purchases.

(2) Financial Control

The Financial managing or control is a crucial acvity to assist the business makes sure, the

business is actually meeng its goals. Financial control tackles quesons for example:

• Tend to be assets being used e#ecvely?

• Would be the businesses assets safe?

Sign up to view the full document!

Showing Page:

2/2

Sign up to view the full document!

Unformatted Attachment Preview

Financial Management can be explained as: The management of the financial situation of a business or organization to have financial objectives Having a profitable business as the utmost common group structure, the important thing objectives of economic management will be to: - Build a fortune for the company - Generate money, as well as - Offer an adequate ROI allowing for the potential risks that the company is taking and also the resources spent There are 3 key elements towards the procedure of financial administration: (1) Financial Planning The Management must make sure that sufficien ...
Purchase document to see full attachment

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Studypool

4.7

Indeed

4.5

Sitejabber

4.4

24/7 Study Help

Stuck on a study question? Our verified tutors can answer all questions, from basic math to advanced rocket science!

Post question

Similar Documents

FIN 200 HW Assignment

This is a hw assignment for FIN 200, there are 10 questions in the assignment, 4 multiple choice questions, 1 fill in the ...

Marketing week 5 discussion

Please answer the following two question separately. Each question need 3 paragraphs.1. What do you think the store o...

401 Discussion activities 3

Required Chapter 3. Social Responsibility and Ethics in Strategic Management Textbook: Wheelen, T. L., Hunger, D., Hoffman...

UMUC Background Check Employers Discussion

Do you think employers have a right to check into applicants’ backgrounds? What about if that check includes socia...

Trinity Western University Expansion and Sustainability of the Museum Discussion

write approach and methodology for the business case based on strategy....

MGT 321 Saudi Electronic University Management of the Saudi Arabian Oil Company Essay

Select a Saudi company that operates in Europe and/or Africa, and write (a minimum of 500 words) Citing of references i...

Business Management.edited

environmental sustainability on the strategic management of a corporation The corporate management team in a business or a...

Thank you catching the content of my work and that will be easy to fix. I appreciate you taking your time to read through ...

Discussions Week 2

Product customer service or support experience is important as it can turn customers from casual shoppers to loyal brand a...

Study help

Our tutors provide high quality explanations & answers.

Post question

3 pages

Contemporary businesses have to stay abreast of their competition by employing various means. One way that such companies ...

Contemporary businesses have to stay abreast of their competition by employing various means. One way that such companies use to maintain a ...

3 pages

Establishments use trade shows to market particular services and products. These are events that establishments use to dis ...

Establishments use trade shows to market particular services and products. These are events that establishments use to display and discuss their ...

6 pages

Marketing Strategy.edited

Rebecca is experiencing post-purchase dissonance. She is not satisfied with the Range Rover she bought at Ray’s Used Car ...

Marketing Strategy.edited

Rebecca is experiencing post-purchase dissonance. She is not satisfied with the Range Rover she bought at Ray’s Used Car. The quality of the Range ...

2 pages

Mkt 337 Sales Scenario 1.edited

1. Write your introduction statement (You need to introduce yourself and your Hello, I’m (Name) and I work with NETSUITE ...

Mkt 337 Sales Scenario 1.edited

1. Write your introduction statement (You need to introduce yourself and your Hello, I’m (Name) and I work with NETSUITE. NETSUITE is an ...

4 pages

Marketing Discussions

The automobile industry has experienced various changes and disruptions over the years; however, some companies have remai ...

Marketing Discussions

The automobile industry has experienced various changes and disruptions over the years; however, some companies have remained resilient despite the ...

4 pages

US.Created Health Marketing Campaign..

In this assignment, we discussed about the marketing health campaigns issued by United States. Walgreens health campaign i ...

US.Created Health Marketing Campaign..

In this assignment, we discussed about the marketing health campaigns issued by United States. Walgreens health campaign is one of them that are discussed in detail in this paper. This campaign has a little bit effect on China country as well. It is needed to discuss about the cultural issues in health and wellness products. A new campaign set up is required to get more progress and health.