0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What are GFEBS business process areas?
FUNDS
What is the term used when a public sector business is bought by a private individual?
When a Public Sector Enterprise (majority share owned by government) is taken over by a private individual or private organization, it is called 'Divestment'. In fact, Private Companies do not 'buy out' public sector companies. They can do so only if a government decides to 'divest' its stake and raise some funds out of it. Generally, governments decide to divest if: a) It cannot run a business successfully, b) It needs to generate funds for other social causes.
When a business obtains funds to expand or develop new products it is what?
generating ideas
What is corporate business?
In a corporate business, many people have invested money into stocks within the company and hope to make a return of funds from their investments.
When is a business plan used?
starting a business - provide the overview, mission and projectionsremaking a business - provide a plan to evaluate progress and find things to changelooking for funds - provide information about the viability of an investment
It is desirable to operate enterprise funds at a profit?
Unlike the service funds, it is frequently desirable for enterprise funds to operate at a profit (increase in net assets). Like commercial business, operating profits are necessary to establish adequate working capital, provide for expansion of physical activities, and retire debt. Additionally, governments may find it desirable to use enterprise fund profits to support general government expenditures that would otherwise require increased taxes.
What funds are used for the ordinary day to day business conducted by government?
general
What funds are used for the day to day business conducted by the government?
General
Funds are used for the ordinary day to day business conducted by the government?
General
What funds are used to run the ordinary day to day business conducted by the government?
General
What are the various approaches of financial management?
Traditionally Finance involves arrangement of funds required by the business enterprise from and through financial institutions ('from' signifies procurement of loan capital, and 'through' implies the selling of securities by financial institutions). Hence, the traditional approach of financial management focused on 'arrangement of finance' for meeting various financial needs of an enterprise. In the modern sense, financial management encompasses wider applications, viz., assessment of funds required, effective procurement of those funds through most economical means, and efficient utilisation of those funds through profitable investments, as well as cash and liquidity management. To put it in the words of Ezra Solomon, the key questions in financial management of a business enterprise happens to be: "(i) What is the total volume of funds an enterprise should commit? (ii) What specific assets should an enterprise acquire? (iii) How should the funds required be financed?" These questions, if answered properly, lead to four broad decision areas of financial management, viz., funds requirement decision, financing decision, investment decision, and dividend decision.
Can general reserve be negative?
Yes it can. If it is negative it means the business has a cumulative loss. It has the effect of reducing the owners' funds in the balance sheet.
Who are the demands of funds?
business people, industrialists, bankers, and all other people who lives in a place were currency system is in existence.
What was one reason the U.S. government started a Federal Reserve System?
To provide consumers with access to funds for business expansion
Why is small business firms could not easily source funds?
why small business firms could not easily source for needed funds
Which characteristic identifies a general partnership?
The advantage of a general partnership in business is that an individual does not have to indicate profits and loss on a personal income tax return by themselves; each partner has to indicate these profits and losses. General partnerships are and easy way to start a business, and there is an increased ability to qualify for loans and raise funds.
What is a example of a closed system in business?
In business a closed system is one that will not interact with components outside the company. This could be reallocation of funds from one internal project to another, or computer systems design to be proprietary and not interact with 3rd party software.
