0
Answer-Modern approach of financial management provides a conceptual and analytical framework for financial decision making. According to this approach there are 4 major decision areas that confront the Finance Manager these are:- a) Investment Decisions; b) Financing Decisions; c) Dividend Decisions d) Financial Analysis, Planning and Control Decisions
Add your answer:
Earn +20 pts
How does a Graphic Rating Scale work?
A manager rates each employee on the listed areas according to a numerical score
What does 'architecte payagiste' mean in English?
Architecte payagiste is French for landscape architect. A landscape architect would be responsible for the planning and design of outdoor areas such as green spaces and parks.
Why is important for us to identify areas which are prone to earthquake?
So that people who chose to live in that area make an informed decision about doing so. Buildings and other infrastructure can be designed to be more robust against earthquake damage.
What kind of infrastructural and structural facilities are required in rural or urban communities living in coastal areas or flood prone areas or earthquake prone areas?
what kind of infrastructural facilities are required in rural or urban communities living in coastal areas or in flood prone areas or earthquake prone areas
Is an architect responsible for the quality of building work?
The quality of the "building work" or of the quality of the construction falls on the contractor for the project. The contractor might be the "project manager" (a general contractor) who hires all the other work done and insures all the contractors do their parts per the architectural requirements and the building codes. On smaller projects, the contractor might do all of the work himself. Or most of it, hiring out the rest and overseeing it. Large projects include engineers of all "flavors" who are supplied by the general contractor and also the subcontractors in the various specialty areas. But someone has to have the point and make the final decisions regarding the work and its quality, and the general or prime contractor has that task.
What are the financial decision areas?
Modern approach of financial management provides a conceptual and analytical framework for financial decision making. According to this approach there are 4 major decision areas that confront the Finance Manager these are:- a) Investment Decisions; b) Financing Decisions; c) Dividend Decisions d) Financial Analysis, Planning and Control Decisions
What are the four key decision areas for the operations manager?
locationsupply management
What are financial decision areas?
1)Invesment 2)Financing 3)Dividend
Responsibilities of a general manager?
A General Manager is responsible for all areas of the organization. This manager oversees, plans, and delegates the tasks at a higher level than a regular manager.
What woul be the Key Result Areas for Financial Manager?
Basically the key area of an financial manager are divide into four main areas which are following:- 1.Planing of fund. 2.Acquisation of fund. 3.Allocation of fund. 4.Reinvestment of fund.
Write about the functions of Indian financial system?
To Provide or raise the capitalsaving FunctionA financial system or financial sector functions as an intermediary and facilitates the flow of funds from the areas of surplus to the areas of deficit. A Financial System is a composition of various institutions, markets, regulations and laws, practices, money manager, analysts, transactions and claims and liabilities.
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.
Identify the critical operations decision areas in your organization Discuss the responsibilities of an operations manager while addressing these decisions?
We identify the four major decision responsibilities of operations management as process, quality, capacity, and inventory
What are the functional areas of financial management?
main areas of financial managment
What are the three main decision areas in business finance?
The three main decision areas in business finance are:Investment decision,Financing decision and Dividend decision
What are the three major functions of the financial manager How are they related?
a).What are the three major functions of the financial manager?How are they related? Ans: Introduction Financial Management is the efficient and effective planning and controlling of financial resources so as to maximize profitability and ensuring liquidity for an individual (called Personal Finance) , government (called public finance) and for profit and non-profit organization/firm (called corporate or managerial finance).Generally, it involves balancing risks and profitability. The decision function of financial management can be divided into the following three major areas: 1):Investment Decision: The most important decision.It begins with the firm determining the total amount of assets needed to be held by the firm.There are two types of investment decision: a):Capital Investment Decision: Involves large sums of money.The impact is critical.Example acquire a new machine or to set up a new plant. b):Working Capital Investment Decision: A more routine or schedule form of decision.Examples are determination of the amount of inventories , cash and account receivables to hold within a certain period. 2):Financing Decision: The second major decision . After deciding on what assets to buy or what securities to invest in , the financial manager would have to decide on how to finance these assets. Sources of finance -- 2 sources ; Borrowings and / or Capital. 3):Assets Management Decision: The third and the last decision. Once the assets have been acquired and appropriate financing provided, these assets must be managed efficiently . By managing currents assets effectively and efficiently, the company can increase its returns and minimizes its risk of illiquidity. Conclusion: Financial Management has become very complex over the last few decades. The area of financial has emerged into a unique area separate from either Economics or accounting. It has since developed into a very decision oriented field where internal decisions are made in context of the external financial environment with a goal of maximized shareholder's wealth.
What are the three major functions of the financial manager and how are they related?
a).What are the three major functions of the financial manager?How are they related? Ans: Introduction Financial Management is the efficient and effective planning and controlling of financial resources so as to maximize profitability and ensuring liquidity for an individual (called personal finance) , government (called public finance) and for profit and non-profit organization/firm (called corporate or managerial finance).Generally, it involves balancing risks and profitability. The decision function of financial management can be divided into the following three major areas: 1):Investment Decision: The most important decision.It begins with the firm determining the total amount of assets needed to be held by the firm.There are two types of investment decision: a):Capital Investment Decision: Involves large sums of money.The impact is critical.Example acquire a new machine or to set up a new plant. b):Working Capital Investment Decision: A more routine or schedule form of decision.Examples are determination of the amount of inventories , cash and account receivables to hold within a certain period. 2):Financing Decision: The second major decision . After deciding on what assets to buy or what securities to invest in , the financial manager would have to decide on how to finance these assets. Sources of finance -- 2 sources ; Borrowings and / or Capital. 3):Assets Management Decision: The third and the last decision. Once the assets have been acquired and appropriate financing provided, these assets must be managed efficiently . By managing currents assets effectively and efficiently, the company can increase its returns and minimizes its risk of illiquidity. Conclusion: Financial Management has become very complex over the last few decades. The area of financial has emerged into a unique area separate from either economics or accounting. It has since developed into a very decision oriented field where internal decisions are made in context of the external financial environment with a goal of maximized shareholder's wealth.
