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Finance is the management of money and financial management shows the management of financial activities properly to achieve firm's goal ( wealth maximization). Actually financial management shows the techniques and strategies to determine the need of the fund, to identify the possible and plausible sources of fund, to collect the necessary fund from the identified sources and to invest the collected fund in different profitable sectors by maintaining the principles of finance to achieve the goal of the business firm.
Afroza Parvin
Sr. Lecturer, NUB
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What is the difference between business management and finance management?
Financial management is the management of monetary resources in an organization. Business management is the management of all aspects of an organization, not only monetary resources but human resources, marketing etc.. as well.
What is the relationship between insurance and financial management?
The difference between insurance and financial management is insurance is some thing you have to protect ur car, home, baot, etc. from being financialy stuck with a bill that you have to pay by yourself and financial management is
What is the difference between financial budget and a financial budget?
There is no difference between them.. Their difference only is how you understood about financial budget.. :)
Difference between iso 9000 and 14000?
The main difference between ISO 9001 and 14001 is that ISO 9001 is based on Quality management system. It tells the client that the Organization has systems, processes in place to ensure a quality product and service. But ISO 14001 is an environmental management systems standard. It is your easy way to improve your business, meet and regulate statutory requirements and find the best balance between benefiting our society and environment while meeting the financial needs of your business.
What is a difference between technical proposal and financial proposal?
what is the difference between technical and financial proposal
What is the difference between business management and finance management?
Financial management is the management of monetary resources in an organization. Business management is the management of all aspects of an organization, not only monetary resources but human resources, marketing etc.. as well.
What is the difference between financial management and business adiministration degree?
Financial management focuses specifically on the management of an organization's financial resources, including budgeting, investment analysis, and financial reporting. In contrast, a business administration degree encompasses a broader range of topics, including marketing, human resources, operations, and strategy, in addition to finance. Essentially, financial management is a specialized subset within the broader field of business administration. Students pursuing a business administration degree may have the option to concentrate in financial management, but they will also study various other business disciplines.
What is the difference between What is the difference between financial accounting and management accounting?
Financial accounting is used to present the performance and financial statements to third parties while management accounting is used for company's internal working purpose.
What is the difference between cost accountant and financial accountant?
DISTNGUISH between finance, management accountant and financial accounting
What is the relationship between insurance and financial management?
The difference between insurance and financial management is insurance is some thing you have to protect ur car, home, baot, etc. from being financialy stuck with a bill that you have to pay by yourself and financial management is
Difference between strategic financial management and financial management?
The difference between strategic financial management and financial management lies in their focus and scope. Financial management primarily involves managing an organization's day-to-day finances, such as budgeting, accounting, and cash flow management. Strategic financial management, on the other hand, focuses on long-term financial planning aligned with the organization’s goals and objectives. It involves making decisions that not only improve current financial performance but also ensure the organization's future financial stability and growth. For expert insights on strategic management concepts, visit PMTrainingSchool .Com (PM training).
What is the difference between an management degree and a Business Degree?
a management degree is a business degree. It is just more focused on the one aspect of business and not as generalized.
What is the difference between sports management and traditional business?
both have manegement teams
What is the difference between public management and business management?
Business Management typically refers to running private, for profit companies. Public Administration means running government agencies.
What is the difference between core business and diversified business?
A Core Business is to put all your financial eggs in one basket.But, A Diversified Business is means do not put all your financial eggs in one basket.
The difference between business administration and business management?
business administration in a body made up of 1% of management that is responsible for implementing policy and decision made by the top management while business management is the body responsible for planning,coordinating,organizing and motivating.
Difference between domestic firm and internatiomal firm in international financial management?
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