financial management is more than procurement of funds explain
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Financial management is concerned with the managerial decision that result in the acquisition and and financing of short and long term credit for the form.
We can say that it deals with the selection of specific problems of size and growth of an enterprise.
Also, there are 2 basic aspects of financial management.First is Procurement of funds and second is effective use of these funds.Thus Funds effective utilization in the business is also the part of Financial management. This the reason why financial management is not concerning about procurement of funds.
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Financial management is concerned with the managerial decision that result in the acquisition and and financing of short and long term credit for the form.
We can say that it deals with the selection of specific problems of size and growth of an enterprise.
Also, there are 2 basic aspects of financial management.First is Procurement of funds and second is effective use of these funds.Thus Funds effective utilization in the business is also the part of Financial management. This the reason why financial management is not concerning about procurement of funds.
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