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What is Importance of Financial Management about?

This document discusses the importance of financial management and its key features. Financial management involves strategic planning, organizing, directing and controlling financial resources to maximize business success. It aims to ensure regular funding, adequate returns for shareholders, proper utilization of funds, and balanced capital structure. Key features of financial management include financial planning, financial control, and financial decision-making. Financial planning determines capital needs

Author

AR PiZa

Language

EN