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Q: What are the external and internal environments of financial manager?
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How a manager manages internal and external environment of the organisation?


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How a manager manages internal and external environment of the organisation?

A manager manages internal environment of the organization by keeping track of all the departments of the organization. A manager manages external environment of the organization by keeping track of all the customers, competitions and economy.


How the external environment effect manager?

External and internal environment directly effects the decision making of the manager. Let's understand it with the help of an example. Xyz company manager has arrived at office during snow in London. Due to heavy snowfall (External Environment) staff or subordinates of managers have not reached the home. Manager has to discuss some urgent business deals with his staff. This is the way how managers are affected by external environment factors.


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Change agents affect change in and outside of the organization. A change agent can be a manager, or they can be the government.


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Some suitable KPI's for a general manager consists of Costumer Satisfaction, Internal Process Quality, Employee Satisfaction, and Financial Performance Index.


How is the job of a financial manager in a nonprofit organization different from that of a financial manager with a profitseeking firm?

How is the job of a financial manager in a nonprofit organization different from that of a financial manager with a profitseeking firmRead more: How_is_the_job_of_a_financial_manager_in_a_nonprofit_organization_different_from_that_of_a_financial_manager_with_a_profitseeking_firm


Modern financial manager vs traditional financial manager?

The modern financial manager uses computer technology to develop strategies. The traditional financial manager uses research and evaluation to develop strategies.


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When did Certified Financial Manager end?

Certified Financial Manager ended in 2007.


When was Financial Risk Manager created?

Financial Risk Manager was created in 1997.


When was Certified Financial Manager created?

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