Mataracy
VIP Contributor
As a business man/woman we need to understand the meaning of Finance.
Finance is the management of money. it is the management of the flows of money through an organization( whether it is a private or governmental organization) and claims against money.
Finance is very vital to the management of any organization.
The functional activities of companies such as marketing, production, personnel, purchasing etc requires the use of money. The activities of governmental organization also require the use of money.
Finance is an applied fields of management. It borrowed knowledge from the various fields of management such as marketing, accounting, economics etc.to management of money.
Today, finance has also applied other fields, to the problem of management if money. We refer to persons responsible for finance functions as financial managers.
So therefore if you can manage your business, company and your home very well ,we can also call you a potential financial manager.
You can also give your own view about it.
Finance is the management of money. it is the management of the flows of money through an organization( whether it is a private or governmental organization) and claims against money.
Finance is very vital to the management of any organization.
The functional activities of companies such as marketing, production, personnel, purchasing etc requires the use of money. The activities of governmental organization also require the use of money.
Finance is an applied fields of management. It borrowed knowledge from the various fields of management such as marketing, accounting, economics etc.to management of money.
Today, finance has also applied other fields, to the problem of management if money. We refer to persons responsible for finance functions as financial managers.
So therefore if you can manage your business, company and your home very well ,we can also call you a potential financial manager.
You can also give your own view about it.
