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What role should the financial manager play in a modern enterprise?
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What goal should always motivate the action of a firm's financial manager?
The goal that should always motivate the action of a firm's financial manager is the uninterrupted financial health of the company.
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.
What goal should always motivate action of a firm financial management?
The goal that should always motivate the action of a firm's financial manager is the uninterrupted financial health of the company.
What is the role of the financial manager of Adidas?
If I have a problem with one of your shops ,who should I contact
What is the purpose of a wealth manager?
A wealth manager assists a person with their cash assets. The manager acts in an advisory capacity, suggesting where the cash should be invested, what properties should be purchased and which financial institutions should be used.
What are the responsibilities for financial manager?
They should determine how much the firm should invest in assets and how much cash should be raised.
What should you study in high school or college if you want to become a financial manager?
There are many things you could study in high school and college to become financial manager. You must study money and math for example.
What is the role of a modern industrial manager?
An essay you should research by yourself. Shame on you.
What should be appropriate goal in mind of financial manager?
The appropriate goal is to remain transparent and accountable at all times. The manager should also ensure that he or she spends or allocates money in the most appropriate areas.
What type of education is typically required for branch manager jobs?
The education typically required to get a job as a branch manager includes a bachelors degree in accounting, business administration and finance. They should also have at least 5 years experience in financial services, for example a loan officer or financial analyst.
What is meant by the social responsibility of Finance Manager?
The social responsibility of the finance manager involves keeping an equilibrium between developing their business and keeping the public happy. The quality of financial services should be the most important aspect.
What type of economic system did Hamilton support?
Alexander Hamilton supported an economic system that was based on free enterprise. He felt that people should be able to start and maintain their own businesses to boost the economy of the United States for the best financial freedom of the country as a whole.
