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What is Financial Management: Scope & Objectives about?

Financial management involves the strategic planning and control of financial activities to achieve organizational goals, focusing on investment, financing, dividend decisions, and working capital management. Its objectives include profit maximization, wealth maximization, ensuring liquidity, cost control, financial stability, and optimal resource utilization. Effective financial management is essential for the growth and sustainability of an organization.

Author

VARUN CHODHA

Language

EN