Register now or log in to join your professional community.
Blood of Business
A short definition could be: the planning, directing, monitoring, organizing, and controlling of the monetary resources of an organization.
In my opinion, you must to calculate de risk associated at the invest. Identifing and characterizing threats, assessing the vulnerability of critical assets to specific threats, determine the risk, identifing ways to reduce those risks, prioritizing risk reduction measures based on a strategy.
Financial Management means the efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the organization.
It includes
Fianancial Mangement is use of orgnaization's financial assets in a manner that esure the achievement of orgnaization's objectives efficently. it involves the way required capital is raised and allocated to different activities.