Nature of financial management
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Financial management ...refers to that management which is related with availability of funds in the organisation .......or that management which always concerned about finances of the organisation and its sources from where funds arises ....
Explanation:
Financial management
- optimum utilisation of funds ...
- availablilty of funds
- sources of raising funds
- helpful in achieving goals
- Effevtive and efficient management....
- Fm if reduce the cost of raising finanace than it helps them in proper utilisation of funds .....
-Fm raises funds through issue of shares, debentures,bonds etc....
-Fm always concern that organisation should full of funds so that whenever need arises funds are in business....
Hope its helpful to you ....
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Nature of Financial Management: Finance management is a long term decision making process which involves lot of planning, allocation of funds, discipline and much more. Let us understand the nature of financial management with reference of this discipline. 1.
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