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Well, every business finance anywhere in the world is guided by profit motivation. Without profit motivation, no business finance can be fruitful and the organisation is bound to be debarred from growth and natural expansion. In competetion scenario,no organisation can even survive without the goal of earning profit. The organisation is answerable to the share holders, as the later would not be foolish to retain shares in a loss making organisation.Since profit in business covers the cost of production and also create a surplus for undertaking expansion and diversification work and leads to the survival of business. Hence, it is considerd as one of the objective of business finance.
Growth is the cherished momentum of any organisation. Stagnancy is the other name of death of an organisation. Growth inculcates vibrancy, motivates to work harder for better result. In modern day business world, growth is quantified percentage wise and the company bosses,business pundits can easily ascertain the overall health from the growth level. Growth in turnover, net profit are vital indicators of an organisation's health and corrective measures are generally initiated for future from the present level of growth.
Actually, banking, insurance, brokerage etc. fall within this category of business with finance. They deal with public money ,facilitate in growth both private and business spheres.
The finance department analyzes business deals and projects to ensure they are profitable for the organization. In doing so, they are increasing the chances of the business surviving.
give me the answer of inportance of finance.may i know what the answer ? Finance is considered as vein of business and It is impossible to achieve your long-term and short-term goals without effectively managing your finances. Financing is seed for business growth, market competition, and to keep your business operational and maintain your customer base
Well, every business finance anywhere in the world is guided by profit motivation. Without profit motivation, no business finance can be fruitful and the organisation is bound to be debarred from growth and natural expansion. In competetion scenario,no organisation can even survive without the goal of earning profit. The organisation is answerable to the share holders, as the later would not be foolish to retain shares in a loss making organisation.Since profit in business covers the cost of production and also create a surplus for undertaking expansion and diversification work and leads to the survival of business. Hence, it is considerd as one of the objective of business finance.
Growth is the cherished momentum of any organisation. Stagnancy is the other name of death of an organisation. Growth inculcates vibrancy, motivates to work harder for better result. In modern day business world, growth is quantified percentage wise and the company bosses,business pundits can easily ascertain the overall health from the growth level. Growth in turnover, net profit are vital indicators of an organisation's health and corrective measures are generally initiated for future from the present level of growth.
Business development executive provides new strategies, policies for growth of any organisation .
With growth of business, the first problem that arises is shortage of capital. Infusion of fresh capital to accelerate growth can be arranged from private source or through bank finance.
Actually, banking, insurance, brokerage etc. fall within this category of business with finance. They deal with public money ,facilitate in growth both private and business spheres.
The finance department analyzes business deals and projects to ensure they are profitable for the organization. In doing so, they are increasing the chances of the business surviving.
Without business policy, the organisation is like rudderless ship in turbulent sea. The business policy envisages the objectives,present activities, future growth prospects etc. in details and accepted as a valid document in every steps of business activity of the organisation.
Navin Mathur has written: 'Corporate growth and business environment in Rajasthan' -- subject(s): Corporations, Finance, Growth
1 creation of customer ,survial, growth,
The managers might do this to expand their business into a worldwide organisation making him and all his employees famous but they would most importantly get a massive increase in profit.
give me the answer of inportance of finance.may i know what the answer ? Finance is considered as vein of business and It is impossible to achieve your long-term and short-term goals without effectively managing your finances. Financing is seed for business growth, market competition, and to keep your business operational and maintain your customer base
Develop and direct financial plans to support the strategic business plan, company growth and market opportunities and business development.