Financial Management". It means applying general management principles to financial resources of the enterprise. The term financial management connotes that funds flows are directed according to some plan.
Financial management is one of your main avenues to success as a business owner. Financial Management FM serves both academics and practitioners concerned with the financial management of nonfinancial businesses financial institutions and public or private not-for-profit organizations. Meaning of Financial Management.
Financial management is at the heart of running a successful business.
These systems also have some human resources management. It is also a vital activity that must be performed in any organization. The idea for doing such is to be able to achieve the. Financial Management means planning organizing directing and controlling the financial activities such as procurement and utilization of funds of the enterprise.
