Business Studies, asked by sbindu909, 6 months ago

discuss the significance of financial management in business management

Answers

Answered by Anonymous

Financial Management means planning, organizing, directing and controlling the financial activities such as procurement and utilization of funds of the enterprise. It means applying general management principles to financial resources of the enterprise.

Answered by rsharma03933

Financial management refers to the strategic planning, organising, directing, and controlling of financial undertakings in an organisation or an institute. It also includes applying management principles to the financial assets of an organisation, while also playing an important part in fiscal management

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