Practicing Success
Which of the following concept aims at mobilisation of financial resources at a lower cost and deployment of these in most lucrative activities? |
Financial Analysis Financial Planning Financial Management Budgeting |
Financial Management |
Tthe overall financial health of a business is determined by the quality of its financial management. Good financial management aims at mobilisation of financial resources at a lower cost and deployment of these in most lucrative activities. Financial management aims at choosing the best investment and financing alternatives by focusing on their costs and benefits. |