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Finacial resources are ones that are to do with how a business/company is being financed. Example of financial resources are: Bank loan, Mortgage, Overlease e.t.c.

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16y ago

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How do financial resources help fulfill needs and wants?

well it die


The art of getting the greatest benefit from limited financial resources is called?

Profit


Can you explain the efficient and effective utilization of financial resources?

Efficient utilization of financial resources involves maximizing outputs while minimizing costs, ensuring that every dollar spent generates the highest possible return. Effective utilization, on the other hand, focuses on aligning financial resources with strategic goals and objectives, ensuring that investments support long-term growth and sustainability. Together, these approaches enable organizations to optimize their budgets and achieve their desired outcomes while maintaining financial health. Balancing both efficiency and effectiveness is crucial for sound financial management.


What are the objectives of deficit financing?

1. To meet the financial needs of the government during the financial crisis. 2. To mobilise the idle, unutilised and surplus, resources in the economy.


What is allocation financial resources?

Allocation of financial resources refers to the process of distributing available funds among various uses or projects to optimize returns and achieve specific goals. This involves assessing the needs of different departments or investments, prioritizing them based on strategic objectives, and making informed decisions about where to invest money. Effective allocation ensures that financial resources are used efficiently, maximizing benefits while minimizing waste. Ultimately, it plays a crucial role in budgeting, planning, and overall financial management within an organization.

Related Questions

What is the meaning of financial resources?

what is financial resources


Can you explain the allocation of financial resources?

Financial resources are loans, mortgages etc. Which are provided on returning capacity.


Why must a company have financial resources before it can use human and physical resources?

Because if a company doesn't have financial resources, it can;t pay for any human or physical resources.


Concept and function of business finance?

Allocation of financial Resources . Procurement of found . Efficient and Effective utilization of financial resources


Who is the budget owner responsible for managing the financial resources of the project?

The budget owner is the person responsible for managing the financial resources of the project.


What are the four resources that must be combined to organize and operate a business?

Human Resources, Material Resources, Informational Resources, and Financial Resources.


The need to invest large financial resources in order to compete creates?

The need to invest large financial resources in order to compete creates


Which financial institution has decided to sale its 403.3 tons of gold to raise its financial resources?

name of financial institution


What are some examples of financial resources?

saving


How can I find resources to teach my child about financial literacy?

To find resources to teach your child about financial literacy, you can start by looking for age-appropriate books, online courses, educational websites, and financial literacy programs in your community. Additionally, you can seek guidance from financial institutions, schools, and non-profit organizations that offer resources and workshops on financial education for children.


Categories of business resources?

Business resources can be grouped into several categories. The most useful resources include financial resources, human resources, physical resources and intangible resources.


Which side-the union or the confederacy-had greater finacial resources?

The Union had greater financial resources