Mutual Funds

What is the need of managing funds in a company?

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Wiki User
2007-05-17 12:03:35

The funds of the company are what keeps the company running.

Thus if the funds available are not properly utilized (proper

investments, everyday expenditure, etc.) the company could head to

a financial crisis. Therefore it is essential to manage the funds

properly to ensure the survival and competitiveness of the

firm.


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