Definition of business finance by different authors
Answers
Explanation:
HEY MATE ☺
Finance is the art and techniques of financial planning, identification of the sources of fund, analysis and selection of sources, raising and utilization of fund, and distribution of profit to achieve the goal of maximizing wealth.
Answer:
Definition of Finance, according to various authors:
Simon Andrade, defines the term finances of the following ways:
"Area of economic activity in which money is the basis of the various embodiments, whether stock market investments, real estate, industrial, construction, agricultural development, so on. ", and
"Area of the economy in which we study the performance of capital markets and supply and price of financial assets”
Finance is "study how scarce resources are allocated over time (Bodie and Merton)".
The term finance refers to "all activities related to obtaining money and effective use (O. Ferrel C. and Geoffrey Hirt )"
The free encyclopedia Wikipedia, have to finance
"are a branch of economics that studies the acquisition and management by a company, individual or government, funds necessary to meet its objectives and criteria that has its assets, "and
"Is generally defined as the art and science of managing money."