Businesses

What is management?

• life means getting things

  done to achieve life’s objectives and managing an organization means getting things done with and

  through other people to achieve its objectives

• The services involved in this

  type of economy are outsourced in varied forms as the doctor’ services,elementary schools and

  university classrooms, theaters, and brokerage firms.

• means planning, organizing,

  directing and controlling the financial activities such as procurement and utilization of funds of the enterprise

What is Financial

Management

• It is

  also one of the parts of the tertiary sector, but it

  involves highly paid professionals, research scientists,

  and government officials. T

• Managing life means getting things

  done to achieve life’s objectives and managing an

  organization means getting things done with and

  through other people to achieve its objectives

• means planning, organizing,

  directing and controlling the financial activities such as

  procurement and utilization of funds of the enterprise.

There are seven functions and these are:

Answer explanation

Estimation of capital requirementsRecruitment.

➢ Determination of capital compositionExpansion.

➢ Choice of sources of funds.

➢ Investment of funds:

➢ Disposal of surplus

➢ Management of cash.

➢ Financial controls.

The services involved in this

type of economy are outsourced in varied forms as the doctor’ services, elementary schools and

university classrooms, theaters, and brokerage

firms is quartenary sector?

• True

• False

What is quinary sector?

• It is

  also one of the parts of the tertiary sector, but it involves highly paid professionals, research scientists, and government officials.

• Is

  generally concerned with

  procurement, allocation and control

  of financial resources of a concern,

  the objectives c

• The services involved in this

  type of economy are outsourced in varied forms as

  the doctor’ services, elementary schools and university classrooms, theaters, and brokerage firms.

Estimation of capital requirements: A finance manager has to make estimation with regards to capital requirements of the company.

• True

• False

Choose of sources of funds: This involves

short- term and long- term debt equity analysis.

This will depend upon the proportion of equity

capital a company is possessing and additional

funds which have to be raised from outside

parties?

• False

• True

What is Choice of sources of funds:

• The finance manager has to

  decide to allocate funds into profitable ventures so

  that there is safety on investment and regular returns is possible

• The net profits decision have to

  be made by the finance manager. This can be done in two ways: Dividend declaration - Retained profits

• Issue of shares and debentures.

  B-Loans to be taken from banks and financial

  institutions.

  C-Public deposits to be drawn like in form of bonds.

What is Investment of funds?

• This involves

  short- term and long- term debt equity analysis.

  This will depend upon the proportion of equity

  capital a company is possessing and additional funds which have to be raised from outside parties

• The finance manager has not only

  to plan, procure and utilize the funds but he also has

  to exercise control over finances.

• The finance manager has to

  decide to allocate funds into profitable ventures so

  that there is safety on investment and regular returns is possible.

Disposal of surplus: The net profits decision have to

be made by the finance manager. This can be done

in two ways: dividend declaration, retained profits

• True

• False