Question

What are the objectives of financial management with memory map and explanation?

Answer 1

Financial management refers to the efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the organization. It is the specialized function directly associated with the top management.

Goals Of Financial Management. All businesses aim to maximize their profits, minimize their expenses and maximize their market share. Here is a look at each of these goals. Maximize Profits A company's most important goal is to make money and keep it