Define in your own words what financial management is

Reference no: EM133334593

Topic: Financial management of a business

Question: What is your position on the following statement: "The effective management of a company requires an administrator who knows the value of its financial resources and has an information system that provides information in a timely and reliable manner"?

Define in your own words what financial management is.
Identify the fundamental concepts of finance and their value in business development.
Identify and compare the resources and financial instruments available in the short and long term for companies.
Comment on the value of the budget and each of the financial statements in the effective management of a company.

Reference no: EM133334593

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